Morgan Stanley plans to launch spot Bitcoin ETF rates as low as 0.14%

According to CoinDesk, Morgan Stanley plans to price its proposed spot bitcoin. According to revised filings filed with the U.S. Securities and Exchange Commission, the fee for the ETF is 0.14%(14 basis points). If approved, it would be the lowest-priced fund on the market. Currently, fees in the market usually charge a fee of 15 to 25 basis points, with the lowest fee being the grayscale Bitcoin Mini Trust ETF, which is 0.15%. Larger funds, including BlackRock's iShares Bitcoin Trust (IBIT), have an expense rate of 25 basis points for their products.