TREE NEWS reports: Morgan Stanley’s MSBT Bitcoin ETF received 1,100 BTC, worth about $93.89 million, from Coinbase Prime three hours ago, marking the fund’s largest single inflow since inception. The transfer was flagged by on-chain monitoring. It is the biggest one-time deposit the ETF has recorded since it launched.
Morgan Stanley’s MSBT Bitcoin ETF Receives 1,100 BTC, Largest Single Inflow Since Launch
The size of this single transfer matters more than the flow itself: a bank-affiliated ETF pulling its largest one-time deposit since launch suggests institutional allocation is scaling in lumpier, more deliberate blocks rather than steady retail-style drips. The counterparty being Coinbase Prime points to an operational, custody-routed movement rather than secondary-market trading. The open question is whether this reflects a one-off rebalancing or the start of a larger pattern of concentrated creations for bank-sponsored products.
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