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U.S. Banks Embrace Bitcoin ETFs Amid Market Downturn

4/16/2026

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Story summary
  • Morgan Stanley launched MSBT on April 8, 2026, becoming the first U.S. bank to offer a spot Bitcoin ETF.
  • The fund has seen inflows despite a market downturn, attracting $37.5 million since inception.
  • Goldman Sachs is entering the market with the Bitcoin Premium Income ETF, aiming to generate returns through options strategies.
  • Asset managers now hold over 1.5 million Bitcoin, signaling a shift toward integrating it into traditional investment frameworks.