MSBT attracts $3.76M as US spot Bitcoin ETFs see $13.29M outflow
- —MSBT: $3.76M inflow on September 11, fourth straight day
- —MSBT cumulative inflow over 20 trading days: $62.2M
- —Entire US spot Bitcoin ETF market: $13.29M daily outflow
- —As of June 30, MSBT held 5,059 BTC with net assets of $298.98M
Why it matters: The inflow into MSBT does not mean direct Bitcoin purchases by Morgan Stanley — it is merely movement of funds within an ETF product.
Source: TokenPost