Morgan Stanley's MSBT Bitcoin ETF received 1.1K BTC (~$93.89M) from Coinbase Prime, the largest single inflow since the fund's inception.
Macro & Markets ·
Morgan Stanley's MSBT Bitcoin ETF recorded an inflow of 1.1K BTC valued at approximately $93.89M originating from Coinbase Prime. This transaction represents the largest single deposit the fund has received since its launch.
The movement of bitcoin to the ETF's address signals continued institutional accumulation through the vehicle. Coinbase Prime, a custody and trading platform for institutional clients, has been a notable source of flows into spot bitcoin ETFs since their approval.
It remains unclear whether the transfer reflects new capital entering the fund or a repositioning of existing holdings, and no announcement from Morgan Stanley regarding the inflow has been identified.