Morgan Stanley’s MSBT Bitcoin ETF May Launch on April 8 With 0.14% Fee
According to a New York Stock Exchange listing notice cited by Bloomberg ETF analyst Eric Balchunas, the spot Bitcoin ETF appears set to take effect with the lowest annual sponsor fee among U.S. peers.
BTC
Fact Check
The fee portion of the claim is well supported by fetched reports. 'Morgan Stanley Nears Bitcoin ETF Launch With Fee Below BlackRock' states that Morgan Stanley's amended S-1 proposed a 0.14% annual delegated sponsor fee for MSBT and quotes the filing language directly. 'Morgan Stanley files for cheapest Bitcoin ETF' independently says Morgan Stanley set the MSBT cost at 0.14%, below rivals. The launch-timing portion is somewhat weaker: '摩根士丹利比特币现货ETF或将于4月8日上市' says Eric Balchunas cited an NYSE listing notice showing MSBT appears set to take effect on April 8, and the AOL article similarly says Balchunas reported an NYSE listing notice as a key step before trading. However, no primary NYSE notice or fetched X post was directly retrieved in this run, so the April 8 launch remains plausible rather than fully confirmed.
- Reference:
Summary
No Summary provided as the original text is short
Terms & Concepts
- Spot Bitcoin ETF: An exchange-traded fund that aims to track Bitcoin’s market price directly rather than using futures contracts.
- Sponsor fee: The annual management charge investors pay to the fund sponsor for operating the ETF.
- New York Stock Exchange: A major U.S. stock exchange where investment products such as ETFs can be listed and traded.