MSBT Is Cheapest But IBIT Likely Still Can't Be Beat for This Reason

Description

Morgan Stanley launched MSBT this week as the cheapest spot Bitcoin ETF on the market at 14 basis points — undercutting BlackRock's iBIT by 11 bps. James Seyffart, senior analyst at Bloomberg Intelligence, breaks down day-one performance ($34M traded, $30M in flows), who will actually buy MSBT (advisors and long-term holders, not traders), why he tweeted "WOW" in all caps at the filing, and what this does to the competitive landscape for every other Bitcoin ETF product. This clip is from a longer conversation on Bitcoin ETFs and institutional crypto adoption. Full episode here: https://www.youtube.com/live/cEkRgUU5vpg?si=6983Yq4-oHjHGQTO We go live every Tuesday and Thursday at 1pm ET — subscribe to catch it live. Ether.fi is giving Unchained listeners 15% cashback on food and ride apps — and that's on top of the 3% you get on everything else. Your bank is charging you to use your own money. Laura switched and loves her card! Go to ether.fi/unchained to claim your offer. Chapters: 🚀 00:00 MSBT day one: $34M traded, $30M in flows 💰 01:58 Why 14 bps makes MSBT the cheapest spot Bitcoin ETF 🏦 03:46 Who Morgan Stanley's ETF is actually for — and who it isn't 🔄 05:58 Whether advisors can easily switch clients from iBIT to MSBT ⚡ 07:51 Why Seyffart's "WOW" reaction explains everything about this launch _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!