📌 Morgan Stanley’s ultra-cheap Bitcoin ETF could disrupt $83B market – Morgan Stanley’s new Bitcoin ETF fee is much lower than most funds at 14 basis points.
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Morgan Stanley launched an ultra-cheap spot #Bitcoin ETF charging just 14 bps—well below most rivals—and could unsettle an $83B U.S. spot market by drawing fee-sensitive institutional and retail flows. Expect fee compression, tighter spreads and custody shifts as competitors respond. #Macro Insights#