Spot bitcoin ETFs post net outflows despite $31 million inflows into Morgan Stanley’s MSBT
By Danny Park
Spot Bitcoin ETFs recorded net outflows as institutions took profits from the recent Bitcoin rally, according to an analyst. Despite the overall trend, Morgan Stanley's MSBT ETF saw $31 million in inflows. This indicates institutions are cashing in rather than joining the momentum.
Not financial advice. Do your own research before making investment decisions.