Morgan Stanley Bitcoin Trust (MSBT) is a spot Bitcoin exchange-traded fund from Morgan Stanley, trading on US markets under the ticker MSBT. Each share currently trades at $24.25, down 0.02% over the past 24 hours. Across its all-time range, MSBT has moved between $16.64 and $25.05.
As a spot ETF, MSBT's share price closely follows the market value of the Bitcoin the fund holds, minus its annual management fee. The chart above shows MSBT price history at 5-minute resolution, so you can see intraday moves alongside longer-term performance (+0.71% over 7 days, +9.38% over 30 days). Each share represents a fractional claim on the fund's Bitcoin holdings, and authorised participants create or redeem shares to keep the market price aligned with the fund's net asset value (NAV).
Buying MSBT is different from buying Bitcoin on a crypto exchange. With the ETF you never hold the underlying coins yourself — the fund's custodian does — so there are no wallets, seed phrases or withdrawal risks to manage. In exchange, you pay the fund's management fee and can only trade during US market hours. Holding Bitcoin directly gives you 24/7 trading and full self-custody, but shifts all the security and storage responsibility onto you. Many investors choose MSBT specifically because it fits inside a normal brokerage or tax-advantaged account.
MSBT is a spot ETF, meaning it holds Bitcoin directly rather than tracking Bitcoin futures contracts. A futures-based ETF gets its exposure from derivative contracts that must be rolled over as they expire, which can create tracking error and extra costs over time. Because MSBT holds the underlying Bitcoin, its share price tends to follow the spot market more closely, without the roll costs that can weigh on futures-based products.
MSBT trades on a US stock exchange during regular market hours, while Bitcoin itself trades around the clock. When Bitcoin moves significantly overnight or over a weekend, MSBT can open at a noticeably different price than it closed at — a "gap." This is normal for any crypto ETF and is one reason the 5-minute chart and the all-time range above are useful for understanding how MSBT actually behaves day to day.
MSBT can be bought through any brokerage that offers US-listed ETFs — you search for the ticker MSBT, place an order, and the shares settle like any stock. To follow performance afterwards, add MSBT to a free portfolio on CryptoETF.today: record your buys and sells, and the portfolio automatically tracks your average cost, current value and realised/unrealised profit. Create a portfolio →
MSBT is one of several US-listed spot Bitcoin ETFs. Compare it with the other funds tracking Bitcoin:
| Ticker | Fund | Price |
|---|---|---|
| MSBT | Morgan Stanley Bitcoin Trust | $24.25 |
| IBIT | iShares Bitcoin Trust | $47.12 |
| FBTC | Fidelity Wise Origin Bitcoin | $72.37 |
| BITB | Bitwise Bitcoin ETF | $46.56 |
| ARKB | ARK 21Shares Bitcoin | $28.06 |
| HODL | VanEck Bitcoin Trust | $23.57 |
| GBTC | Grayscale Bitcoin Trust | $64.19 |
| BTC | Grayscale Bitcoin Mini Trust | $36.84 |
| BTCO | Invesco Galaxy Bitcoin | $85.12 |
| EZBC | Franklin Bitcoin ETF | $48.18 |
| BRRR | CoinShares Bitcoin ETF | $23.50 |
Morgan Stanley Bitcoin Trust (MSBT) is a US-listed spot Bitcoin ETF issued by Morgan Stanley. It gives investors regulated exposure to Bitcoin price through a standard brokerage account, without holding Bitcoin directly.
MSBT currently trades at $24.25, down 0.02% over the past 24 hours. Prices on this page update from market data in real time.
MSBT tracks the market value of the Bitcoin held by the fund, minus management fees, so its share price moves closely with Bitcoin. The key difference is timing: Bitcoin trades 24/7, but MSBT only trades during US stock-exchange hours, so its price can gap at the open to catch up with moves that happened overnight or over the weekend.
Yes. MSBT is a spot Bitcoin ETF — its value tracks the price of Bitcoin held by the fund, rather than futures contracts, which avoids the roll costs that can drag on futures-based products.
Like all ETFs, MSBT charges an annual management fee (expense ratio) that is deducted gradually from fund assets rather than billed separately. For the exact current rate, check Morgan Stanley's official fund page.
Because MSBT is a regular exchange-listed security, it can typically be bought and held in the same brokerage and tax-advantaged accounts (such as US IRAs) that support other ETFs — something that is harder to do when holding Bitcoin directly.
MSBT is issued by Morgan Stanley.
You can follow the live MSBT price and interactive chart on this page and add MSBT to a free portfolio on CryptoETF.today to track holdings, average cost and profit/loss.
Prices and statistics on this page are derived from market data tracked by CryptoETF.today and are for informational purposes only. This is not investment advice. Verify fund details, fees and holdings on the issuer's official page before investing.