Wall Street giants ignite a fee war! Morgan Stanley steps in to launch the cheapest Bitcoin ETF! Bloomberg just revealed the latest hardcore move by top Wall Street investment bank Morgan Stanley in the crypto market! The firm is preparing to roll out its own spot Bitcoin ETF (ticker: MSUT)! And it could go live as early as this week! The management fee for this product is slashed to an unprecedented 14 basis points! Making it the lowest-fee crypto ETF on the market! It’s not only cheaper than Grayscale’s mini fund but also a full 11 basis points lower than BlackRock’s IBIT, which currently holds 60% of the market share! Previously, the firm only allowed financial advisors to offer external spot Bitcoin ETFs to clients. Now, this financial giant, managing nearly $6 trillion in client assets and boasting 16,000 financial advisors, has finally decided to jump into the game to grab profits! With an unbeatable low-price strategy and an enormous fund distribution network, the battle for Bitcoin’s core pricing power among traditional old money has officially kicked off!