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Crypto

Morgan Stanley's Bitcoin ETF Sees Fresh Inflows Amidst BTC Rally

Guavy AI Editorial Team
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BTC
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Morgan Stanley's Bitcoin Trust ETF (MSBT) has seen fresh inflows of $3.47 million on September 17, as institutional appetite for listed Bitcoin exposure continues to grow.

The latest inflow represents roughly 0.56% of the fund's total assets under management, which stands at $617.62 million. This increase in capital comes amidst a rally in Bitcoin prices, with BTC-USD currently trading at $80,471.99 - a gain of about 26.07% over the past three months.

The technical outlook for Bitcoin remains constructive, with a Strong Buy signal flashing on short-term charts. Analysts see this as a positive sign for investors using MSBT to tap into the ongoing Bitcoin upswing.

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