Morgan Stanley Unveils MSBT: Wall Street’s Fresh Bitcoin Baby Gets a Million‑Dollar Booster Shot

Morgan Stanley has officially put its hand up to launch a spot Bitcoin ETF that will trade under the ticker MSBT. The paperwork, filed with the SEC on March 20, 2026, shows a $1 million seed capital—enough to buy a decent pizza and a few Satoshis for the fund’s first steps.

The product will roll out in 10,000‑share creation units, and the bank has already snapped up two shares just to keep the auditors happy. BNY Mellon will take care of the cash and admin chores, while Coinbase steps in as the prime broker and custodian for the actual Bitcoin stash—basically the crypto equivalent of hiring a bodyguard for your digital gold.

Should the SEC give the nod, MSBT will join a squad of 11 existing spot Bitcoin ETFs—BlackRock’s IBIT among the veterans—that have been trading since January 2024 and have already siphoned more than $56 billion from eager investors who prefer their Bitcoin on a spreadsheet.

Morgan Stanley’s filing pe