Morgan Stanley just declared war on BlackRock
Published: April 8, 2026
Duration: 8:34
BTC spikes to $72,084 (+5.37%). ETH surges +8.09%. A ceasefire did that. Morgan Stanley's Bitcoin ETF opens today at 0.14% — cheaper than BlackRock.
Today's key developments:
• Morgan Stanley's MSBT Bitcoin ETF went live today with a 0.14% fee — the lowest in the market — backed by a $7 trillion wealth management machine. BlackRock's IBIT just met its first serious competition.
• Trump announced a 2-week conditional ceasefire with Iran. Bitcoin spiked above $72,000. Oil tumbled. The market just told you exactly what it thinks the biggest macro risk was.
• Six major Swiss banks including UBS launched a Swiss franc stablecoin sandbox. Separately, South Korea is drafting...
Today's key developments:
• Morgan Stanley's MSBT Bitcoin ETF went live today with a 0.14% fee — the lowest in the market — backed by a $7 trillion wealth management machine. BlackRock's IBIT just met its first serious competition.
• Trump announced a 2-week conditional ceasefire with Iran. Bitcoin spiked above $72,000. Oil tumbled. The market just told you exactly what it thinks the biggest macro risk was.
• Six major Swiss banks including UBS launched a Swiss franc stablecoin sandbox. Separately, South Korea is drafting...