MORGAN STANLEY BITCOIN TRUST TO INCUR DAILY ACCRUED SPONSOR FEE OF 0.14% ANNUALIZED ON TRUST'S NAV, ACCORDING TO SEC FILING
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy MS?
Source: moomoo
- Morgan Stanley Bitcoin Trust: Morgan Stanley will pay a unitary delegated sponsor fee for its Bitcoin Trust, which is accrued daily.
- Annualized Rate: The fee is set at an annualized rate of 0.14% of the net asset value of the trust, as per SEC filing.
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Analyst Views on MS
Wall Street analysts forecast MS stock price to rise
14 Analyst Rating
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 158.390
Low
132.00
Averages
185.00
High
219.00
Current: 158.390
Low
132.00
Averages
185.00
High
219.00
About MS
Morgan Stanley is a global financial services company. The Company is engaged in providing a range of investment banking, securities, wealth management and investment management services. Its segments include Institutional Securities, Wealth Management and Investment Management. Its Institutional Securities segment provides a variety of products and services to corporations, governments, financial institutions and ultra-high net worth clients. Its Wealth Management segment provides an array of financial services and solutions to individual investors and small to medium-sized businesses and institutions. Its Investment Management segment provides a range of investment strategies and products that span geographies, asset classes, and public and private markets to a diverse group of clients across institutional and intermediary channels. Its investment banking services consist of capital raising and financial advisory services, including the underwriting of debt and other products.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Fee Competition: Morgan Stanley announced in a filing with the SEC that its upcoming spot Bitcoin ETF will charge just 14 basis points (0.14%), undercutting the lowest current options and potentially igniting a price war among major financial firms.
- Market Impact: As most Bitcoin ETFs provide identical exposure to Bitcoin's price, investors and advisors typically opt for the fund with the lowest fees, and Morgan Stanley's competitive pricing could lead to billions of dollars shifting away from higher-fee competitors.
- Partnerships: Morgan Stanley has partnered with industry leaders such as Coinbase Inc. and BNY Mellon, with Coinbase acting as the prime broker and custodian for the ETF's Bitcoin holdings, while BNY Mellon manages the fund's cash and administrative functions, enhancing the fund's operational capabilities.
- Listing Progress: The Bitcoin ETF (MSBT) has received a listing notice from the New York Stock Exchange, and if approved by the SEC, it will be the first spot Bitcoin ETF issued directly by a major U.S. bank, marking a significant move into the cryptocurrency market for Morgan Stanley.
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