Morgan Stanley’s Bitcoin ETF gains traction as BlackRock’s IBIT loses $167 million in weekly flows
Morgan Stanley Bitcoin Trust (MSBT) has outshined BlackRocks iShares Bitcoin Trust (IBIT) since the beginning of this week until April 30. Morgan Stanleys MSBT has attracted a total of $10.81 million during this period, according to data from . On Monday and Tuesday, MSBT posted zero total cash flow, thus holding Bitcoin (BTC) worth approximately $197.7 million at press time. MSBT daily flow. Source: SoSoValue In contrast, BlackRocks IBIT recorded a net cash outflow of $166.98 million during the same period. Consequently, IBIT held Bitcoin valued at around $61.11 billion at the time of publication. IBIT daily flow. Source: SoSoValue Following IBITs cash outflow this week, it ended its 13 consecutive days of inflows, as Finbold pointed out. Meanwhile, MSBT has never had a net daily outflow since its inception. Morgan Stanleys MSBT focused on dethroning IBIT in Bitcoin ETFs Morgan Stanley entered the spot BTC ETF and heightened the fee war, as Finbold previously reported. In a bid to attract more investors, MSBT charges 0.14% per year compared to IBITs 0.25% as of reporting time. During the Bitcoin 2026 conference, Amy Oldenburg, the head of digital assets strategy at Morgan Strategy, stated that the firm has been recommending investors to allocate 2-4% of their portfolios to Bitcoin.