Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Bitcoin ETF fee war: Morgan Stanley enters at 14 basis points while BlackRock maintains its fee at 25 basis points
ETF flow dynamics: Distribution size may redirect inflows away from IBIT
Morgan Stanley Bitcoin asset management: Balancing fee revenue with low-cost entry requirements
Bitcoin ETF market summary: The path of fee reduction and what the future holds
Morgan Stanley launched its own spot Bitcoin ETF, MSBT(NYSE Arca: MSBT), on April 8 with an expense ratio of 0.14%, 11 basis points lower than BlackRock’s iShares Bitcoin Trust(IBIT), low enough to immediately reset price expectations in the $128 billion Bitcoin ETF market.
The initial launch achieved $33.9 million in inflows on the first day, with over 1.6 million shares traded, marking a strong debut for a product entering a market already dominated by established institutional capital. Alison Wallace, Global Head of ETF Strategies at Morgan Stanley Investment Management, described the pricing as deliberate: “We really wanted to demonstrate our commitment by offering these low fees,” citing strong demand from high-net-worth investors as the main driver.