The Morgan Stanley Bitcoin Trust completed its first month of trading on May 8 without any net outflows, drawing $193 million in inflows since its April 8 launch.
The fund, which trades under the ticker MSBT, now manages more than $240 million in assets and holds about 2,620 bitcoin. Data from SoSoValue show 17 days of positive inflows and five flat days during the period, with no redemptions recorded. The performance stands out against the broader US spot bitcoin ETF category, which saw $422 million in combined outflows over the final two trading sessions while MSBT took in another $13 million.
