Morgan Stanley's MSBT posts zero daily outflows in first month as US Bitcoin ETFs add $3B

Morgan Stanley's spot Bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT), finished its first trading month with no daily net outflows after launching on April 8. The fund has taken in about $193 million in net inflows and manages over $240 million in assets, while US spot Bitcoin ETFs collectively attracted more than $3 billion across six straight weeks of net inflows through May 8.