Morgan Stanley’s Bitcoin ETF: A Fee War in the Gulag of Finance

Grayscale’s Bitcoin Mini Trust ETF, with its 0.15% expense ratio, once the darling of cost-conscious investors, now faces a challenger that offers even greater frugality. BlackRock’s iShares Bitcoin Trust (IBIT), priced at 25 basis points, seems almost extravagant in comparison. The gap, though narrow, is enough to shift the tides of fortune.








