@dreamko
š¦ #MorganStanley launched a spot $BTC #ETF with a 0.14% fee ā the lowest in the US, even below #BlackRock.
š Day 1: $30.6M in inflows. The best ETF launch in the bank's history.
š¤ But we remember: in 2022, the same bank was advising clients to stay away from crypto, calling it "pure speculation."
š° Now they're competing for the right to hold your Bitcoin ā and charging for it.
ā ļø A bank that shifts its position based on where the money is ā isn't a partner, it's an opportunist. ETFs are convenient, but you lose control over an asset that was built so no one could control it.
š Self-custody is still free.
$BTC #Bitcoin #BitcoinETF #CryptoETF