Morgan Stanley Amends Bitcoin ETF Filing, Confirms MSBT Ticker on NYSE Arca
According to Morgan Stanley’s latest SEC filing, the proposed spot Bitcoin ETF would trade as MSBT, include a $1 million seed investment, and use BNY Mellon and Coinbase for key fund operations.
Morgan Stanley’s latest amended filing with the U.S. Securities and Exchange Commission confirms that its proposed spot Bitcoin ETF would trade on NYSE Arca under the ticker MSBT. The filing says the fund will use 10,000-share creation units and include a planned $1 million seed investment, with the bank purchasing two shares earlier in the month for audit purposes. According to earlier disclosures referenced in the filing, BNY Mellon will handle cash and administrative functions, while Coinbase will serve as prime broker and custodian for the fund’s Bitcoin holdings. If approved, the fund would join the existing U.S. spot Bitcoin ETF market, where 11 products launched since January 2024 have attracted more than $56 billion in investor inflows.
- Bitcoin ETF: An exchange-traded fund that gives investors exposure to Bitcoin through a regulated stock-market product without directly holding the asset.
- NYSE Arca: A U.S. electronic exchange that commonly lists and trades exchange-traded funds, including crypto-related products.
- Creation unit: A block of ETF shares used in the fund creation and redemption process, typically handled by authorized participants.