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The Morgan Stanley Bitcoin Trust completed its first month on the market without recording a single day of net redemptions, a streak that no rival spot bitcoin fund matched over the same window.
MSBT launched on April 8 with what Morgan Stanley's head of digital asset strategy Amy Oldenburg called the bank's strongest-ever ETF debut, logging $30.6 million in net inflows and roughly $34 million in trading volume on day one. Bloomberg Senior ETF Analyst Eric Balchunas placed the debut in the top 1% of all ETF launches. That strong open came on a day when the broader spot bitcoin ETF market posted $94 million in net outflows.
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