Morgan Stanley's MSBT Bitcoin ETF accumulated 355.33 BTC (~$28.3M) over four days, including a 94.56 BTC withdrawal from Coinbase Prime.
Macro & Markets ·
Morgan Stanley's MSBT Bitcoin ETF withdrew 94.56 BTC (approximately $7.54 million) from Coinbase Prime in a single transaction, as tracked through on-chain monitoring tools. Over a four-day period, the ETF has accumulated a total of 355.33 BTC, valued at roughly $28.3 million.
The accumulation pattern reflects sustained purchasing activity across multiple days, with Coinbase Prime serving as the withdrawal venue. The transaction sizes and frequency suggest deliberate portfolio building rather than isolated trading activity.
Open questions include whether the four-day window represents the full extent of recent activity or if accumulation has continued beyond the observed period, and whether additional inflows are planned.