How Did MSBT Perform on Its First Day?

[madtrader]

Q: Was the launch successful?
Yes, but modest. MSBT recorded $30.6 million in inflows and about $34 million in trading volume on day one—meeting expectations but falling short of earlier ETF giants.

Q: How does it compare to competitors?
Funds like iShares Bitcoin Trust from BlackRock saw stronger early traction. Still, MSBT stands out for offering one of the lowest fees, which could help it compete over time.

[bonk]

late entry and still trying to compete, bold strategy