[Morgan Stanley Transfers 500 Bitcoins to an Address This Morning, Suspected First BTC Outflow] According to monitoring data from Arkham, Morgan Stanley's Bitcoin exchange-traded fund MSBT transferred 500 Bitcoins, valued at approximately $38.86 million, to an address '3E1CbH' eight hours ago. This address was created a week ago and, after receiving the BTC, transferred it to another address 'bc1q4m.' Monitoring data indicates that this transaction is suspected to be Morgan Stanley's first Bitcoin outflow. Currently, the BTC holdings of its marked Bitcoin address have decreased to 1,713 Bitcoins, valued at approximately $133.17 million.