[Morgan Stanley Bitcoin ETF sees $194 million net inflow in its first month, with no single day of net outflow] According to The Block, Morgan Stanley's Bitcoin ETF (MSBT) recorded no single day of net outflow during its first month of listing, with a cumulative net inflow of $193.6 million. As of May 7, its net assets reached $239.6 million. The fund was launched on April 8, with a first-day net inflow of $30.6 million and a trading volume of approximately $34 million. Morgan Stanley's Head of Digital Asset Strategy described it as the most successful ETF debut in the firm's history. During its first month of trading, MSBT's daily net inflows gradually decreased from tens of millions to millions but never turned negative. In contrast, the overall spot Bitcoin ETF market saw a net inflow of $663.9 million on April 17, followed by consecutive net outflows of $277.5 million and $145.7 million on May 7 and 8, respectively. MSBT's management fee is 0.14%, the lowest among U.S. spot Bitcoin ETFs.