Morgan Stanley's MSBT ETF Pulls Another $3.85 Million from Coinbase Prime

Morgan Stanley's MSBT Bitcoin ETF has made another significant withdrawal from Coinbase Prime. On September 14th, the fund pulled out 48.712 BTC worth approximately $3.85 million.

This latest move brings the total weekly inflows to 487.13 BTC or around $38.45 million, with the current price of Bitcoin hovering at $78,271.79.

According to technical analysis, Bitcoin is currently testing its upper resistance at $78,605.53 while maintaining a bullish structure above the EMA50 support at $77,941.6. The RSI(14) indicator suggests a neutral reading at 55.81, which may favor a measured pullback toward the 50-EMA before any further extension higher.