🚨 Listed for 6 days, attracting $100 million! The new Bitcoin ETF is rapidly pulling in funds

U.S. institutional funds are accelerating their entry into the Bitcoin market.

Latest data shows that Morgan Stanley Bitcoin ETF (MSBT) has achieved a net inflow of $103 million in just 6 trading days since its launch on April 8.

Even more astonishing, this number has already surpassed the $86 million total fund inflow of WisdomTree Bitcoin Fund (WBTC) since its launch in January 2024.

On Wednesday alone, it attracted $19.3 million, with a very rapid growth rate.

The reason this ETF is attracting market attention is largely due to its fee rate of only 0.14%, making it one of the lowest fee levels in the current market, which is very attractive to institutional investors.

If this growth momentum continues, MSBT is likely to gradually catch up with other Bitcoin ETFs, such as:

📊 Invesco Galaxy Bitcoin ETF: approximately $245 million inflow
📊 Valkyrie Bitcoin ETF: approximately $326 million inflow
📊 Franklin Bitcoin ETF: approximately $375 million inflow

Meanwhile, the absolute leader in the entire ETF market remains:

🥇 iShares Bitcoin Trust (IBIT): a total net inflow of $64.3 billion
🥈 Fidelity Wise Origin Bitcoin Fund (FBTC): a total net inflow of $10.9 billion

At the same time, another Wall Street giant, Goldman Sachs, has also submitted an application to regulators, planning to launch its own Bitcoin-linked ETF.

This indicates one thing—
Traditional financial institutions are accelerating their entry into the Bitcoin market.

💡 My opinion:

When more and more asset management giants start launching Bitcoin products, it actually signals that a trend is happening:

Bitcoin is gradually shifting from a “marginal asset” to a mainstream financial asset.

🌱 A message to all friends in the market:

Many people only focus on short-term rises and falls,
but the real big opportunity often comes from changes in the era’s trend.

When giants start to deploy, history often begins to quietly rewrite itself. 🚀