Morgan Stanley Bitcoin ETF trails BlackRock with $30M in first-day inflows

Morgan Stanley Bitcoin ETF trails BlackRock with $30M in first-day inflows

4.88%TRX$0.3169 0.18%BCH$443.54 0.82%DOGE$0.09194 3.10%XLM$0.1553 4.77%ETH$2,193 2.63%BNB$602.47 1.60%SOL$82.58 2.52%HYPE$39.14 0.91%XMR$338.25 0.26%XRP$1.33 3.26%ADA$0.2515 3.05%BTC$71,511 0.25%USD Written by Helen Partz,Staff WriterReviewed by Bryan O'Shea,Staff EditorMorgan Stanley Bitcoin ETF trails BlackRock with $30M in first-day inflows39 minutes agoMorgan Stanley’s Bitcoin ETF drew $30.6 million in first-day inflows, ranking second behind BlackRock’s IBIT as US spot Bitcoin ETFs clocked net outflows on Wednesday. The Morgan Stanley Bitcoin Trust (MSBT), the first spot Bitcoin exchange-traded fund (ETF) offered by a US bank, recorded $30.6 million in inflows on its trading debut, giving the Wall Street bank a respectable, but not blockbuster, entry into the spot Bitcoin ETF market. MSBT started trading on the NYSE Arca on Wednesday, generating $34 million in trading volume, slight

Source: https://cointelegraph.com/news/morgan-stanley-bitcoin-etf-trails-blackrock-with-30m-in-first-day-inflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound