Morgan Stanley Bitcoin ETF Tops WisdomTree in Six Dayshi

Bitcoin News

The Morgan Stanley Bitcoin Trust has overtaken the WisdomTree Bitcoin Fund in total net inflows after just over a week of trading, according to data from Farside Investors. The fund, which launched on April 8, added $19.3 million in investor inflows on Wednesday alone, bringing its cumulative total to $103 million.

That figure surpasses the $86 million WisdomTree’s fund has accumulated since its January 2024 launch. The Morgan Stanley Bitcoin Trust, ticker MSBT, entered the market at a fee of 0.14%, one basis point below the Grayscale Bitcoin Mini Trust ETF, making it the lowest-cost option among U.S. spot BTC ETF products at launch.

MSBT now sits within range of several other funds that have been trading for over two years. The Invesco Galaxy Bitcoin ETF holds $245 million in net inflows, the Valkyrie Bitcoin ETF holds $326 million, and the Franklin Bitcoin ETF holds $375 million. BlackRock’s iShares Bitcoin Trust leads the field by a wide margin at $64.3 billion, followed by the Fidelity Wise Origin Bitcoin Fund at $10.9 billion.

Goldman Sachs filed with the SEC on Tuesday to launch its own Bitcoin-linked ETF using an options strategy, adding to a growing list of traditional finance institutions entering the space. The filing marks a shift for the bank, which had previously been critical of cryptoas an asset class.

The broader BitcoinETF market is expanding even as the average lifespan of ETFs contracts. A Bloomberg report from April 2 found the average ETF lifespan fell from 4.66 years in 2024 to roughly 3.5 years in 2025. More than 40 ETFs were liquidated in the first two months of 2026, though none were crypto products.

ETFs liquidated in that period had an average lifespan of 21 months, half the figure recorded for funds shut down in 2025. Bloomberg ETF analyst James Seyffart had forecast in December that many crypto exchange-traded products could be liquidated by the end of 2027 due to insufficient demand, at a time when over 126 ETP applications were still pending with the SEC.

MSBT joins 11 other spot BTC ETFs currently trading in the U.S., including products from Bitwise, ARK 21Shares, and Grayscale. Its trajectory over the next several weeks will indicate whether early momentum translates into sustained inflows against more established competitors in the cryptodigital assets market.
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Source: coinmarketcap.com