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Bitcoin ETFs Surge As Morgan Stanley Crosses $100M And Goldman Sachs Joins The Race

Morgan Stanley Beats WisdomTree In Week One

The fund charges a 0.14% expense ratio, the cheapest in the category.

Morgan Stanley’s wealth management network oversees trillions in client assets, giving MSBT direct distribution to investors. 

However, the fund remains far smaller than BlackRock’s (NYSE:BLK) IBIT, which holds $53 billion in assets.

Goldman Files Premium Income Product

Goldman Sachs filed for a Bitcoin Premium Income ETF on Tuesday. The fund will buy Bitcoin ETPs and sell call options to generate income.

The options overwrite strategy could outperform in modest or falling markets but lag during rapid price appreciation. 

Bloomberg ETF analyst Eric Balchunas called the filing…

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