Morgan Stanley Sparks Fee War With Ultra-Low Bitcoin ETF Proposal
Morgan Stanley’s amended S-1 filing proposes a 0.14% annual “Delegated Sponsor Fee” for its Bitcoin Trust (MSBT), the lowest of any spot Bitcoin ETF in the US market. MSBT undercuts the Grayscale Bitcoin Mini Trust’s current market-low of 0.15% by one basis point and drops 11 basis points below BlackRock’s IBIT; Coinbase serves as Bitcoin […]
