Morgan Stanley enters bitcoin ETF race with market-leading low fee

What: Morgan Stanley has launched a bitcoin exchange-traded fund (ETF) with a market-leading low fee of **0.25%**.
Why: The move aims to attract more institutional investors to the cryptocurrency market.
Signal: The low fee is seen as a competitive advantage in the growing ETF market.
Target: The ETF is targeting **$1 billion** in assets under management within the first year.
Risk: Regulatory risks and market volatility remain a concern for investors in the cryptocurrency space.