Key Takeaways:
- Morgan Stanley opened MSBT, an ETF based on Bitcoin, which tracks BTC based on an index.
- The product is available under a low 0.14% fee and institutional levels of custody.
- High risk of volatility and investors do not own Bitcoin directly in the fund.
The new product providing an opportunity to invest in Bitcoin is the first significant move of a traditional financial giant, Morgan Stanley, into crypto-linked securities.
Read More: Morgan Stanley Bitcoin ETF Filing Signals Fee War and Massive Crypto Shift
Morgan Stanley Enters Bitcoin ETP Market
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