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Morgan Stanley’s Bitcoin fund overtakes WisdomTree after 6 trading days

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 95 Views

Morgan Stanley’s Bitcoin fund overtakes WisdomTree after 6 trading days

The Morgan Stanley Bitcoin Trust is also within striking distance of overtaking three other US spot Bitcoin ETFs that launched in January 2024.

Morgan Stanley’s new spot Bitcoin exchange-traded fund has just surpassed the WisdomTree Bitcoin Fund (WBTC) in total net inflows, despite launching just over a week ago. 

The Morgan Stanley Bitcoin Trust (MSBT) added $19.3 million of investor inflows on Wednesday, bringing its total net inflow to $103 million.

The figure has now passed WisdomTree Bitcoin Fund’s (WBTC) total net inflow of $86 million, which it had been accumulating since launching in January 2024, Farside Investors data shows. 

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