Morgan Stanley's BTC Buying Spree Continues

Morgan Stanley's Bitcoin ETF (MSBT) has been actively buying BTC over the past 20 trading days, accumulating $51.5 million in net inflows without any outflows, according to onchain data from Arkham.

This is a notable trend, as MSBT is one of the few Bitcoin funds that have not seen any down days this month. The recent buying activity suggests that Morgan Stanley's ETF is increasing its holdings in BTC.

Meanwhile, spot Bitcoin ETFs finished the week with strong Friday sessions, adding $433 million in net inflows. This marks back-to-back positive days to close the week, following heavier outflows earlier on.

Ethereum ETFs also saw significant activity, with $144 million in net inflows on September 18. The recent buying momentum is a welcome sign for the crypto market, which has been affected by policy and macroeconomic headwinds.