Morgan Stanley has set a record-low management fee for its new Bitcoin ETF at just 0.14%. This undercuts its closest competitors: Grayscale Bitcoin Mini Trust (0.15%) and BlackRock’s iShares Bitcoin Trust (0.25%). With this move, the bank now offers the lowest fee among Bitcoin ETFs in the U.S.
The fund is expected to launch soon, pending final approval from the SEC. Morgan Stanley plans to leverage its extensive network of financial advisors to attract investors, aiming to offset waning interest from miners and corporate clients.