Morgan Stanley's Bitcoin ETP MSBT Attracts $100M+ in First Six Days After Launch

According to Amy Oldenburg, head of digital asset strategy at Morgan Stanley, the bank’s Bitcoin-linked exchange-traded product (ETP) MSBT attracted over $100 million in inflows within its first six days after launch. Speaking at a Bitcoin conference in Las Vegas, Oldenburg stated that all fund inflows were directed by clients themselves, noting strong demand despite the product not yet being offered as an advisory service within Morgan Stanley’s asset management platform. Oldenburg also expressed that U.S. banks have a high probability of including Bitcoin in their balance sheets in the long term, though regulatory hurdles from the Federal Reserve, Basel capital standards, and global regulatory coordination remain significant challenges.