Morgan Stanley's Bitcoin ETF Set to Debut on Wednesday with Market's Lowest Fee
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2026
0mins
Should l Buy MS?
Source: stocktwits
Morgan Stanley Bitcoin ETF Launch: Morgan Stanley's Bitcoin ETF (MSBT) is expected to begin trading on the NYSE soon, pending approval, with a competitive fee of 14 basis points, the lowest among current Bitcoin ETF offerings.
Market Competition: The launch of Morgan Stanley's ETF is set to intensify competition among asset managers, as it undercuts fees charged by rival funds from BlackRock and Fidelity, which currently charge 25 basis points.
Bitcoin Price Fluctuations: Bitcoin's price has recently dropped over 2%, falling from $70,000 to around $68,100, amidst a volatile market environment and bearish sentiment among retail investors.
Morgan Stanley Stock Performance: Following an upgrade from UBS, Morgan Stanley's stock has seen a slight increase, reflecting a positive outlook amid broader market weaknesses and geopolitical tensions.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
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: 181.140
Low
132.00
Averages
185.00
High
219.00
Current: 181.140
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.
Morgan Stanley Set to Report Earnings This Wednesday
- Earnings Preview: Morgan Stanley is set to report earnings this Wednesday before the market opens, with expectations for an 11.5% year-on-year revenue growth, although this is a slowdown from the 17.2% increase recorded in the same quarter last year, indicating cautious optimism in the market.
- Performance Beat: Last quarter, Morgan Stanley reported revenues of $17.89 billion, reflecting a 10.3% year-on-year increase, which not only exceeded analysts' expectations but also achieved a slight beat on EPS, showcasing the company's robust performance in the capital markets.
- Positive Market Sentiment: Over the past month, stocks in the capital markets segment have risen by an average of 7.7%, with Morgan Stanley's shares up 16.4%, reflecting investor confidence in its future performance, as analysts set a price target of $190.33 against the current share price of $181.30.
- Peer Comparison: Morgan Stanley's peers, Goldman Sachs and Jefferies, reported revenue growths of 14.4% and 26.6%, respectively, both exceeding expectations, which further enhances market anticipation for Morgan Stanley's upcoming earnings report.
See More
US-Iran Tensions Impact Market Dynamics
- Market Recovery: The S&P 500 has erased all declines since the onset of the Iran war and is nearing an all-time high, reflecting investor optimism about potential progress in US-Iran negotiations, which could drive further stock market gains.
- Economic Blockade Impact: The full implementation of the US blockade on Iranian ports has cut off international sea trade that powers about 90% of Iran's economy, potentially leading to further economic deterioration in Iran while also creating ripple effects in the global energy market.
- International Relations Strain: The US's maximum pressure campaign not only affects Iran but also strains relationships with China and India, particularly as nearly all Iranian oil exports are directed to China, complicating regional dynamics.
- Corporate Developments: European chip manufacturing giant ASML has exceeded first-quarter revenue expectations with sales topping 8.8 billion euros, indicating that the tech sector continues to show robust growth amid global economic uncertainties, likely attracting more investor interest.
See More
Market Update: Cramer Sees Upside in Uber and Vistra
- Cramer Bullish on Uber: Despite Uber's stock being down 28.5% from its September high, it has risen 3.5% in the last two days, indicating market confidence in its future growth and potentially attracting more investor interest.
- Vistra Stock Undervalued: Cramer highlighted that Vistra is trading at around 19 times earnings, calling it a “steal,” and although the stock is down 25% from its September high, it has gained 6% in just two days, reflecting market recognition of its value.
- Booking Holdings Potential: Cramer believes that many negatives for Booking Holdings are already priced in, with a current P/E ratio of 17, and anticipates a significant price increase once the war ends; the stock has risen 4.4% in two days, presenting a potential return opportunity for investors.
- Southwest Airlines Turnaround Story: Cramer describes Southwest Airlines as a “terrific turnaround story,” noting that while the stock is down 25% from its February high, it has increased by 4.3% in two days and could be a potential takeover target, indicating future growth potential.
See More
U.S. Stocks Continue Rally, Nasdaq Hits Ten-Session Winning Streak
- Market Performance: The S&P 500 has gained over 2% this week, while the Nasdaq 100 is on a ten-session winning streak, rising approximately 12%, indicating a strong market rebound, although there may be short-term pullback risks ahead.
- Oil Price Decline: U.S. oil prices fell about 7% amid reports of peace talks, with WTI crude trading below $92 per barrel, marking the lowest level since April 7, making the energy sector the worst-performing industry of the day.
- Interest Rate Retreat: The benchmark 10-year Treasury yield has retreated to 4.26%, having peaked near 4.5% at the onset of the Iran war, with the decline in rates seen as a crucial factor supporting the market rally and boosting investor confidence.
- Portfolio Dynamics: Amazon and Meta Platforms each rose over 4%, while Alphabet gained 3%, showcasing the strong performance of the
See More
Citigroup Reports Strong Q1 Earnings Beat Expectations
- Strong Performance: Citigroup reported Q1 earnings per share of $3.06, exceeding the $2.65 estimate, with revenue of $24.63 billion surpassing the $23.55 billion forecast, marking the firm's best quarterly performance in a decade with a 56% year-over-year increase.
- Improved Profitability: The bank's return on tangible common equity (ROTCE) reached 13.1%, above the target range of 10% to 11%, indicating ongoing improvements in profitability, with CEO Jane Fraser stating the firm is on track to meet its ROTCE goals this year.
- Market Drivers: Citigroup's markets division was a key contributor to the earnings beat, with fixed income revenue rising 13% to $5.2 billion and equities soaring 39% to $2.1 billion, although investment banking fell short of estimates except for equity underwriting.
- Costs and Losses: Despite a higher-than-expected provision for credit losses of $579 million due to net credit losses in consumer cards and a 7% increase in expenses driven by severance and foreign exchange translation, the overall performance reflects the firm's resilience and potential during its transformation phase.
See More
JPMorgan Chase Q1 Results Exceed Expectations
- Strong Earnings Performance: JPMorgan Chase reported Q1 earnings of $5.94 per share, surpassing the market expectation of $5.45, with net income rising 13% to $16.49 billion, demonstrating robust profitability amid economic uncertainties.
- Significant Revenue Growth: The company's total revenue reached $50.54 billion, exceeding the expected $49.17 billion by 10%, indicating JPMorgan's superior performance in fixed income and investment banking, thereby enhancing its market position.
- Increase in Fixed Income Trading Revenue: Fixed income trading revenue rose 21% to $7.08 billion, exceeding market expectations by approximately $370 million, reflecting increased activity in commodities, credit, currencies, and emerging markets, which further solidifies the company's revenue base.
- Surge in Investment Banking Fees: Investment banking fees jumped 28% to $2.88 billion, surpassing expectations by about $260 million, primarily driven by higher mergers advisory and stock underwriting fees, showcasing the market's trust and reliance on JPMorgan Chase.
See More
Morgan Stanley Set to Report Earnings This Wednesday
- Earnings Preview: Morgan Stanley is set to report earnings this Wednesday before the market opens, with expectations for an 11.5% year-on-year revenue growth, although this is a slowdown from the 17.2% increase recorded in the same quarter last year, indicating cautious optimism in the market.
- Performance Beat: Last quarter, Morgan Stanley reported revenues of $17.89 billion, reflecting a 10.3% year-on-year increase, which not only exceeded analysts' expectations but also achieved a slight beat on EPS, showcasing the company's robust performance in the capital markets.
- Positive Market Sentiment: Over the past month, stocks in the capital markets segment have risen by an average of 7.7%, with Morgan Stanley's shares up 16.4%, reflecting investor confidence in its future performance, as analysts set a price target of $190.33 against the current share price of $181.30.
- Peer Comparison: Morgan Stanley's peers, Goldman Sachs and Jefferies, reported revenue growths of 14.4% and 26.6%, respectively, both exceeding expectations, which further enhances market anticipation for Morgan Stanley's upcoming earnings report.
See More
US-Iran Tensions Impact Market Dynamics
- Market Recovery: The S&P 500 has erased all declines since the onset of the Iran war and is nearing an all-time high, reflecting investor optimism about potential progress in US-Iran negotiations, which could drive further stock market gains.
- Economic Blockade Impact: The full implementation of the US blockade on Iranian ports has cut off international sea trade that powers about 90% of Iran's economy, potentially leading to further economic deterioration in Iran while also creating ripple effects in the global energy market.
- International Relations Strain: The US's maximum pressure campaign not only affects Iran but also strains relationships with China and India, particularly as nearly all Iranian oil exports are directed to China, complicating regional dynamics.
- Corporate Developments: European chip manufacturing giant ASML has exceeded first-quarter revenue expectations with sales topping 8.8 billion euros, indicating that the tech sector continues to show robust growth amid global economic uncertainties, likely attracting more investor interest.
See More
Market Update: Cramer Sees Upside in Uber and Vistra
- Cramer Bullish on Uber: Despite Uber's stock being down 28.5% from its September high, it has risen 3.5% in the last two days, indicating market confidence in its future growth and potentially attracting more investor interest.
- Vistra Stock Undervalued: Cramer highlighted that Vistra is trading at around 19 times earnings, calling it a “steal,” and although the stock is down 25% from its September high, it has gained 6% in just two days, reflecting market recognition of its value.
- Booking Holdings Potential: Cramer believes that many negatives for Booking Holdings are already priced in, with a current P/E ratio of 17, and anticipates a significant price increase once the war ends; the stock has risen 4.4% in two days, presenting a potential return opportunity for investors.
- Southwest Airlines Turnaround Story: Cramer describes Southwest Airlines as a “terrific turnaround story,” noting that while the stock is down 25% from its February high, it has increased by 4.3% in two days and could be a potential takeover target, indicating future growth potential.
See More
U.S. Stocks Continue Rally, Nasdaq Hits Ten-Session Winning Streak
- Market Performance: The S&P 500 has gained over 2% this week, while the Nasdaq 100 is on a ten-session winning streak, rising approximately 12%, indicating a strong market rebound, although there may be short-term pullback risks ahead.
- Oil Price Decline: U.S. oil prices fell about 7% amid reports of peace talks, with WTI crude trading below $92 per barrel, marking the lowest level since April 7, making the energy sector the worst-performing industry of the day.
- Interest Rate Retreat: The benchmark 10-year Treasury yield has retreated to 4.26%, having peaked near 4.5% at the onset of the Iran war, with the decline in rates seen as a crucial factor supporting the market rally and boosting investor confidence.
- Portfolio Dynamics: Amazon and Meta Platforms each rose over 4%, while Alphabet gained 3%, showcasing the strong performance of the
See More
Citigroup Reports Strong Q1 Earnings Beat Expectations
- Strong Performance: Citigroup reported Q1 earnings per share of $3.06, exceeding the $2.65 estimate, with revenue of $24.63 billion surpassing the $23.55 billion forecast, marking the firm's best quarterly performance in a decade with a 56% year-over-year increase.
- Improved Profitability: The bank's return on tangible common equity (ROTCE) reached 13.1%, above the target range of 10% to 11%, indicating ongoing improvements in profitability, with CEO Jane Fraser stating the firm is on track to meet its ROTCE goals this year.
- Market Drivers: Citigroup's markets division was a key contributor to the earnings beat, with fixed income revenue rising 13% to $5.2 billion and equities soaring 39% to $2.1 billion, although investment banking fell short of estimates except for equity underwriting.
- Costs and Losses: Despite a higher-than-expected provision for credit losses of $579 million due to net credit losses in consumer cards and a 7% increase in expenses driven by severance and foreign exchange translation, the overall performance reflects the firm's resilience and potential during its transformation phase.
See More
JPMorgan Chase Q1 Results Exceed Expectations
- Strong Earnings Performance: JPMorgan Chase reported Q1 earnings of $5.94 per share, surpassing the market expectation of $5.45, with net income rising 13% to $16.49 billion, demonstrating robust profitability amid economic uncertainties.
- Significant Revenue Growth: The company's total revenue reached $50.54 billion, exceeding the expected $49.17 billion by 10%, indicating JPMorgan's superior performance in fixed income and investment banking, thereby enhancing its market position.
- Increase in Fixed Income Trading Revenue: Fixed income trading revenue rose 21% to $7.08 billion, exceeding market expectations by approximately $370 million, reflecting increased activity in commodities, credit, currencies, and emerging markets, which further solidifies the company's revenue base.
- Surge in Investment Banking Fees: Investment banking fees jumped 28% to $2.88 billion, surpassing expectations by about $260 million, primarily driven by higher mergers advisory and stock underwriting fees, showcasing the market's trust and reliance on JPMorgan Chase.
See More
