Morgan Stanley's spot BTC ETF sees zero net outflow days in first month

Morgan Stanley's spot Bitcoin ETF (MSBT) has not experienced a single day of net outflows in the month since its launch on April 8, The Block reported, citing data from SoSoValue. During the same period, all other competing ETFs recorded net outflows. Speaking at the Consensus 2026 conference in Miami, Amy Oldenburg, Morgan Stanley's Head of Digital Assets, stated that most of the initial purchases in the first one to two weeks were initiated by clients themselves, rather than by the firm's advisors. The Block noted that Morgan Stanley has approximately 16,000 advisors managing over $9.3 trillion in client assets. The outlet projected that inflows could increase significantly if these advisors are permitted to directly recommend and sell MSBT to clients, as competitors lack a comparable in-house distribution network.