Morgan Stanley Bitcoin Trust (MSBT) reported net inflows of $193.6 million in its first month of operation, from April 8 to May 7, according to ChainCatcher. This influx increased the trust's total net assets to $239.6 million. MSBT experienced net inflows on 17 trading days, with no outflows recorded.
Amy Oldenburg, Head of Digital Assets Strategy at Morgan Stanley, highlighted that the trust's first-day net inflow was $30.6 million, with a trading volume of approximately $34 million, marking it as the firm's most successful ETF launch. The majority of the funds originated from self-directed clients, with advisory wealth management platforms yet to participate.
Morgan Stanley Bitcoin Trust Sees $194 Million Inflows in First Month
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