Morgan Stanley just launched the CHEAPEST Bitcoin ETF - $MSBT Undercutting giants like BlackRock, Fidelity, & Grayscale They also filed for a "national trust bank charter," which allows them to custody their own Bitcoin without outsourcing it to Coinbase like the other ETFs. While operating as a private bank, Morgan Stanley can allocate their Ultra High Net Worth Clients to have Bitcoin in their portfolios. Built-in infrastructure + Auto allocation for clients’ exposures = Biggest Bullish signs since ETFs Although flows might not be immediately strong as when ETFs were launched, like the old saying "you don't invite them in, you just open the door and they will trickle in," time will compound accumulation.
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