Investment bank Morgan Stanley has set a 0.14% fee for its proposed spot Bitcoin ETF, which, if approved, would make it the lowest in the US market and potentially force rivals to cut fees.
The bank priced its proposed spot bitcoin fund at 14 basis points, making it the lowest fund on the market, if approved.
The Morgan Stanley Bitcoin ETF is set to boast the lowest fees among the BTC ETFs as the bank targets an April launch for the fund.
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Morgan Stanley is preparing to launch a spot Bitcoin ETF with a 0.14% fee, which would be the lowest in the US market.
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Morgan Stanley’s new Bitcoin ETF fee is much lower than most funds' at 14 basis points.
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