Morgan Stanley sets 0.14% Bitcoin ETF fee, lowest in market if approved

What: Morgan Stanley sets a 0.14% Bitcoin ETF fee, the lowest in the market if approved.
Why: The low fee is expected to attract more investors and make the product more competitive in the market.
Signal: The move signals Morgan Stanley's commitment to making cryptocurrency investments more accessible to its clients.
Target: The ETF is targeting institutional investors and high-net-worth individuals who are looking for a low-cost way to gain exposure to Bitcoin.
Risk: The risk of regulatory approval is still a major risk for the product, as the SEC has not yet approved any Bitcoin ETFs.