May. 15 at 12:12 PM
The Wall Street fee war just hit a new level.
Morgan Stanley recently launched its proprietary Bitcoin product,
$MSBT, with a market-leading 0.14% fee - undercutting rivals like BlackRock (0.25%) and Grayscale Investments (0.15%).
With 16,000 advisors and trillions in AUM, the “gatekeepers” are moving in-house.