Morgan Stanley’s Spot Bitcoin ETF Draws $33.8 Million in First-Day Inflows as Advisor Education Remains Key Hurdle

Morgan Stanley’s spot Bitcoin ETF, MSBT, recorded more than $33.8 million in inflows on its first trading day after launching on April 7, 2026. According to NS3.AI, Amy Oldenburg said the main obstacle to broader Bitcoin adoption at the firm is educating financial advisors, even as the product gains early traction. MSBT was described as the first spot Bitcoin ETF issued by a U.S.-chartered bank. Oldenburg said advisor uptake has been slow despite Morgan Stanley’s Global Investment Committee recommending a 2% to 4% crypto allocation for moderate to aggressive growth portfolios. Oldenburg also said the bank is pursuing an Office of the Comptroller of the Currency digital trust charter, which would allow Morgan Stanley to custody crypto directly.