Morgan Stanley launches low-cost Bitcoin ETF after receiving approval from the New York Stock Exchange

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CoinDesk reports that the New York Stock Exchange has officially approved the listing of a Bitcoin spot ETF under Morgan Stanley. The product will trade on NYSE Arca under the ticker symbol MSBT. The fund will hold actual Bitcoin; Coinbase will handle cold-storage custody, while BNY Mellon will be responsible for cash management, administration, and transfer-agent functions. MSBT’s annual fee rate is 0.14%, lower than Grayscale’s current lowest of 0.15% and BlackRock’s IBIT at 0.25%, making it the lowest among all U.S. Bitcoin spot ETFs.

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