Morgan Stanley’s spot Bitcoin ETF, MSBT, purchased about $52 million worth of Bitcoin in a single day, according to Techub News, citing Crypto Briefing. Since trading began last Wednesday, the fund has accumulated roughly 8,648 BTC and reached $654 million in assets under management. The report said the ETF has not recorded any outflows since listing, indicating that institutional capital has continued to move into the product. The latest buying adds to signs that mainstream financial institutions are increasing their exposure to Bitcoin through regulated investment vehicles. Techub framed the development as a signal of stronger acceptance of Bitcoin within traditional finance, with the potential to affect broader market dynamics.
Morgan Stanley’s spot Bitcoin exchange-traded fund MSBT bought about $52 million worth of Bitcoin in a single day, Techub News reported, citing Crypto Briefing.
Since trading began last Wednesday, the ETF has accumulated about 8,648 BTC and grown to $654 million in assets under management.
The report said MSBT has not seen any outflows since listing, pointing to continued institutional inflows into the fund.
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