Morgan Stanley Sees $7.8 Million Bitcoin ETF Inflow

Morgan Stanley reported a significant inflow of $7.8 million into its Bitcoin ETF on October 6, 2026. This move comes as Bitcoin (BTC) trades at $85,528.95, testing resistance levels within the Bollinger Bands, with the upper resistance set at $86,582.8.

The cryptocurrency is currently holding above key support levels, including the 50-day exponential moving average (EMA50) at $84,953.86 and the 200-day EMA at $81,914.43. Technical indicators suggest a neutral stance, with the Relative Strength Index (RSI) at 51.63 and a bearish Moving Average Convergence Divergence (MACD) signaling a potential retracement to the 50-EMA before further price movement.

Analysts note that this inflow tempers fears of a broader crypto market crash and indicates a muted impact from the AI industry. The flow of funds into the Bitcoin ETF is seen as a positive sign for market stability, although a short-term pullback may be on the horizon.