IBIT Secures $40.4 Million in Inflows Amidst New Competition from Morgan Stanley's Bitcoin ETF

BlackRock’s iShares Bitcoin Trust (IBIT) recorded $40.4 million in net inflows on April 8, 2026. The broader U.S. spot Bitcoin ETF market saw net outflows of $94 million.

Morgan Stanley Bitcoin Trust (MSBT) debuted as a competitor on the same day. The MSBT fund features a lower expense ratio than established products.

IBIT attracted capital despite the entry of the lower-cost Morgan Stanley offering.