Morgan Stanley’s SEC spot Bitcoin ETF filing adds a new test for BTC flows and price
Bitcoin ETFs recently shifted from seven days of inflows to roughly $250 million in outflows over the past two days, and BTC fell about 5.5% to around $70k in the same window. The move was framed as macro-driven, following an inflation report that reduced expectations for a near-term rate cut, while Morgan Stanley's latest spot Bitcoin ETF filing with the SEC adds another potential catalyst amid risk-off conditions.