📈 Morgan Stanley Bitcoin ETF: 20 Days No Outflow
Morgan Stanley’s ETF (MSBT) has been running for the past 20 days with no outflow at all. They bought approximately $51.5M worth of Bitcoin. Despite volatility, investors keeping their funds steady reflects the advisory allocation.
📊 Crypto Flow & Market Updates
🔹 Bitcoin ETFs: On Thursday, there was a $159M inflow.
🔸 Ether Funds: With withdrawals for the third consecutive day, $39M was taken out.
🔹 Fee Gap: Due to Grayscale GBTC’s high 1.50% fee, people are migrating to cheaper ETFs (like IBIT 0.25%).
➡️ Current Market Status
💰 Bitcoin Price: BTC is trading at $78,000. The next major resistance is at $82,000.
🏛️ Macro: The US Fed raised rates for the first time since 2023. The Clarity Act failed in the Senate, but the SEC granted exemptions to tokenized venues.
🛢️ Crude Oil: WTI oil fell 5% and has slipped below $96.
#Bitcoin #CryptoNews #BitcoinETF #BinanceSquare #CryptoMarket #MorganStanley
Morgan Stanley’s ETF (MSBT) has been running for the past 20 days with no outflow at all. They bought approximately $51.5M worth of Bitcoin. Despite volatility, investors keeping their funds steady reflects the advisory allocation.
📊 Crypto Flow & Market Updates
🔹 Bitcoin ETFs: On Thursday, there was a $159M inflow.
🔸 Ether Funds: With withdrawals for the third consecutive day, $39M was taken out.
🔹 Fee Gap: Due to Grayscale GBTC’s high 1.50% fee, people are migrating to cheaper ETFs (like IBIT 0.25%).
➡️ Current Market Status
💰 Bitcoin Price: BTC is trading at $78,000. The next major resistance is at $82,000.
🏛️ Macro: The US Fed raised rates for the first time since 2023. The Clarity Act failed in the Senate, but the SEC granted exemptions to tokenized venues.
🛢️ Crude Oil: WTI oil fell 5% and has slipped below $96.
#Bitcoin #CryptoNews #BitcoinETF #BinanceSquare #CryptoMarket #MorganStanley