Bloomberg: Morgan Stanley's $10 trillion Bitcoin ETF launches this week! Morgan Stanley will leverage its nearly $6 trillion in advisor-led client assets, with its 16,000 financial advisors directly promoting their in-house product MSBT to clients. Previously, these funds primarily accessed Bitcoin through IBIT and FBTC. Now, with their own product, the channels and costs are streamlined. The fee rate is 14 basis points, 11 basis points lower than iShares' IBIT, making it the cheapest among similar products.