Morgan Stanley's MSBT ETF Assets Reach $634.8 Million After Five Months

Morgan Stanley's (MS) spot Bitcoin (BTC) exchange-traded product, MSBT, has reached $634.8 million in assets under management after five months of trading, according to SoSoValue data. Cumulative net inflows total $538.37 million.

MSBT experienced only one day of outflow since its April 8 launch on NYSE Arca, with September 14 recording a $9.75 million inflow marking five consecutive days of net inflows. The sole outflow occurred on May 29, when $5.26 million exited the fund.

Over the past 21 trading days, funds flowed into MSBT for 12 days with no outflows, accumulating $71.95 million in net inflows during that period. The SEC filing as of June 30 showed MSBT held $298.98 million in assets and 5,059.31 BTC.

MSBT's growth reflects traditional finance channels entering the Bitcoin ETF market, allowing investors to access Bitcoin-linked products through standard brokerage accounts without holding Bitcoin directly. However, asset growth does not equate solely to net inflows, as price fluctuations of the underlying asset also impact AUM.