Morgan Stanley’s spot Bitcoin exchange-traded fund, the Morgan Stanley Bitcoin Trust (MSBT), had $635 million in net assets as of Sept. 14, with cumulative net inflows of $538 million. Listed on the New York Stock Exchange on April 8, MSBT was the first spot Bitcoin exchange-traded product launched by an asset manager affiliated with a major U.S. bank. The fund recorded its only daily net outflow on May 29, when investors withdrew $5.26 million. During the latest 21 trading days, MSBT posted inflows on 12 sessions totaling about $71.95 million. Its most recent session added $9.75 million in Bitcoin exposure, extending the fund’s inflow streak to five trading days.