Asia stocks climb tracking Wall St rally; Nikkei hits record high, China GDP beats
There has been some interesting news in the Bitcoin ETF space recently. Morgan Stanley is about to release the Morgan Stanley Bitcoin Trust (MSBT) Bitcoin ETF on the NYSE Arca with an interesting strategy.
MSBT is set to be the cheapest Bitcoin ETF on the market with a low fee of 0.14%. This design could bring institutional interest in Bitcoin again, as well as challenge some of the titans like IBIT and FBTC. Meanwhile, the BTC value is seeing a surge as Donald Trump signaled a pause on Iran strikes.
A Historic First for a Big Bank
According to a recent listing notice by the NYSE, MSBT is expected to launch on April 8. This marks a historic moment for Morgan Stanley as it will be the first major American commercial bank to provide a spot Bitcoin ETF.
Morgan Stanley originally filed for a Bitcoin ETF in January 2026. MSBT will also be the first spot Bitcoin ETF to launch since Grayscale’s Bitcoin Mini Trust ETF which launched in July 2024.
Additionally, MSBT is the cheapest ETF available to buyers as it has fees of only 0.14%. It therefore undercuts all other competitor Bitcoin ETFs like the IBIT and the FBTC. A broader price war that benefits investors and brings more demand for Bitcoin may start if these rivals respond by cutting fees.
Bitcoin Momentum Builds
The BTC price has climbed recently which makes this launch notable. CoinMarketCap points to the price of Bitcoin increasing from about $69,000 to more than $71,000 in the last seven days. In other words, nearly a 5% jump for BTC in just a few short days.
This can be attributed to the recent Truth Social post by Donald Trump where he said that the attacks on Iran will be stopped for two weeks. As a result, the entire crypto market saw growth, including Bitcoin. 
Technical Indicators Hint at Further BTC Growth
Some technical indicators have begun to show bullish signals for the BTC crypto too. According to Investing.com, the (12,26) MACD indicator is in the buy zone with a value of 686. This indicates that the 12-day EMA is now above the 26-day EMA, which leads to bullish momentum buildup.
Not only that, the 14-day RSI indicator has a value of 69, which is also in the buy zone. This indicates far more positive changes than negative ones for BTC and also signals strong upward momentum. But, it is also worth noting that if Bitcon is slowly approaching the “overbought” zone which may lead to a potential price dip.
The Broader Impact of This Development
The Bitcoin ETF market is becoming more competitive with Morgan Stanley entering the scene and setting the lowest fee in history. This shows that institutional demand for BTC is growing. And as competition grows, institutional investors will get lower fees and greater access to Bitcoin than what they had in the past.
It is still uncertain if this could help the BTC value experience a pump. But, the recent uptrend and strong bullish technical signals may suggest that an explosive move could come at any moment.