Morgan Stanley Bitcoin ETF saw a net inflow of $194 million in its first month of trading, with no days experiencing net outflows.

CoinFeed reported on May 11 that, according to The Block, Morgan Stanley's Bitcoin ETF (MSBT) saw no net outflows in its first month of trading, accumulating a net inflow of $193.6 million, with net assets reaching $239.6 million as of May 7. Launched on April 8, the fund saw a net inflow of $30.6 million on its first day, with a trading volume of approximately $34 million, described by Morgan Stanley's head of digital asset strategy as the bank's most successful ETF launch ever. During its first month of trading, MSBT's daily net inflows gradually decreased from tens of millions to millions but never turned negative. In contrast, the overall spot Bitcoin ETF market saw a net inflow of $663.9 million on April 17, followed by net outflows of $277.5 million and $145.7 million on May 7 and 8, respectively. MSBT's management fee of 0.14% is the lowest among US spot Bitcoin ETFs.