2 Conditions That Could Force BlackRock to Cut IBIT Fees After MSBT’s Undercut
Source: BeInCrypto
Morgan Stanley Bitcoin Trust (MSBT) launched on April 8 with a 0.14% expense ratio, making it the cheapest US spot Bitcoin ETF and undercutting BlackRock’s iShares Bitcoin Trust (IBIT) by 11 basis points. Senior ETF analyst Eric Balchunas, however, does not expect BlackRock to respond with a f