US bank Morgan Stanley is considering offering exposure to Bitcoin (BTC) through an exchange-traded fund (ETF).
On March 17, 2026, the Company filed a Second Amendment to Form S-1 with the Securities and Exchange Commission (SEC). Morgan Stanley Bitcoin Trusta Spot Bitcoin ETF, will be listed on the NYSE Arca under the symbol MSBT, if approved by regulators.
The purpose of the ETF is to reproduce the performance of Bitcoin by referring to the index “CoinDesk Bitcoin Benchmark 4PM New York Settlement Rate”, which is calculated from the flow of operations performed at major spot Bitcoin exchanges.
Control of Bitcoin is shared between: Coinbase Custody Trust Company y Bank of New York Mellon (BNY)both operate based on cold storage standards with multiple layers of security. The assets are separated from the custodian’s own assets.
Participants authorized to create and redeem stock baskets (blocks of 10,000 shares) are: Virtu Americas, jane street capital y macquarie capital.
The standard price of Bitcoin at the time of S-1 application was approximately $71,186. Morgan Stanley plans to purchase a total seed basket for the initial launch. 1 million dollarsequivalent to 50,000 shares.
With this move, Morgan Stanley strengthens its commitment to digital assets within its traditional investment product offering for the U.S. market.
On top of that, Join the competition with large companies already running spot Bitcoin ETFs BlackRock, Fidelity, Grayscale, Bitwise, ARK21 Shares, ProShares, VanEck and Franklin Templeton are all available.
As reported by CriptoNoticias, BlackRock dominates the Bitcoin investment fund race with iShares Bitcoin Trust ETF (IBIT)both in terms of trading volume ($1.75 billion yesterday) and assets under management ($56 billion).