Morgan Stanley's Bitcoin ETF Adds $51.5 Million in 20 Days Without Selling
Morgan Stanley's Bitcoin ETF (MSBT) has been actively purchasing BTC over the past 20 trading days, accumulating $51.5 million in value without a single day of outflows.
This is a notable trend, as MSBT is one of the few Bitcoin funds to experience no down days this month.
According to onchain data from Arkham, spot Bitcoin ETFs ended the week with strong Friday sessions, adding $433 million in net inflows. This marks back-to-back positive days after heavier outflows earlier in the week.
FBTC led the way on Friday with $311 million in inflows, followed by BlackRock's IBIT with $108 million.