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Morgan Stanley Bitcoin Trust (MSBT) — Bitcoin ETF Flows

Is Money Moving Into MSBT or Out?

Morgan Stanley Bitcoin Trust, run by Morgan Stanley — one of the US funds that holds real Bitcoin for its shareholders.

Updated 7 hours ago
Total money invested in MSBT
maketomaketo.com/etf/msbt$100.00M$200.00M$300.00M4/84/204/305/125/226/4TODAY$305.47M

The running total of every dollar invested in MSBT since April 2026 — $305 million in all.

  1. Is money moving into MSBT or out?

    Wait and See

    Money in and money out are roughly balanced right now.

  2. How much money has moved lately?

    +$2M
    Last trading day
    Money in
    +$11M
    Past week
    Flat
    +$49M
    Past month
    1 days out · 9 days in
    Money in
  3. Is that fast or slow, for this fund?

    A quieter month than usual for MSBT — only 4% of its history saw less money move.

    QuietHeavy
  4. How big is MSBT next to the other funds?

    $305M
    All-time money in
    Everything invested in this fund since it started trading.
    0.4%
    Share of all money in
    Of everything that's flowed into the Bitcoin ETFs since 2024.
    −$5.6B
    All funds, past month
    Money left

    Moving against the pack — the funds as a group saw money leave this month while MSBT went the other way.

  5. What does this mean for you?

    Money in and out of MSBT is roughly balanced.

    Over the past month the money coming in and going out have roughly cancelled out ($49 million net). Neither side is winning.

    That's a common state for a single fund — most days, most funds just tick along while one or two of the big ones do the moving.

    Watch which way it tips over the coming weeks, and check the all-funds page for the group-wide picture — one quiet fund says little on its own.

    What to watch from here
    • Money in and out roughly cancelled out this past month ($49 million net).
    • Which way it tips over the coming weeks.
    • The all-funds page carries the group-wide read.
All Bitcoin ETFs
The all-funds picture — are the big funds buying or selling?
Are People Buying or Selling?
The big-picture read across the whole market.
ETF News
The latest headlines on the funds and the money moving through them.

Understanding Morgan Stanley Bitcoin Trust (MSBT)

Morgan Stanley Bitcoin Trust is one of the US Bitcoin ETFs — stock-market funds that hold real Bitcoin on behalf of their shareholders. It's run by Morgan Stanley. When money comes into the fund, it buys Bitcoin; when money leaves, it sells. You buy and sell its shares through a normal brokerage account, like any stock.

This page tracks the money flowing in and out of this one fund, and the big chart shows the running total of everything invested in it since April 2026. The percentages and “faster than usual” readings compare the fund against its own history, not against the other funds.

A single fund's numbers mix two things: how people feel about Bitcoin, and how this fund competes with the other twelve — fees, brand, and where it's easiest to buy. Money can leave one fund and walk straight into a cheaper one next door without anyone actually selling Bitcoin. For the market-wide read, start from the main Bitcoin ETF page.

These funds trade on the stock market, so they're closed on weekends and holidays — flat stretches on the chart are days the market wasn't open, not days nothing happened to Bitcoin.