Morgan Stanley sets 0.14% fee for planned "$MSBT" Bitcoin ETF, undercutting the market

Morgan Stanley said it will charge a 0.14% management fee on its planned $MSBT Bitcoin ETF, pricing below every existing U.S. spot Bitcoin ETF. The lowest fee among current $BTC ETFs is Grayscale's 0.15%. The move raises the prospect that Morgan Stanley could attract inflows at the expense of rival products.