Bitcoin ETFs Surge As Morgan Stanley Crosses $100M And Goldman Sachs Joins The Race

by | Apr 16, 2026 | General

U.S. spot Bitcoin (CRYPTO: BTC) ETFs recorded $186.1 million in net inflows on Wednesday as Morgan Stanley’s (NYSE:MS) MSBT crossed $103 million while Goldman Sachs (NYSE:GS) filed for its first Bitcoin ETF.

Morgan Stanley Beats WisdomTree In Week One

MSBT reached $103 million in total inflows just six trading days after launch, surpassing WisdomTree’s BTCW (BATS:BTCW) cumulative total of $86 million. 

The fund charges a 0.14% expense ratio, the cheapest in the category.

Morgan Stanley’s wealth management network oversees trillions in client assets, giving MSBT direct distribution to investors. 

However, the fund remains far smaller than BlackRock’s (NYSE:BLK) IBIT, which holds $53 billion in assets.

Goldman Files Premium Income Product

Goldman Sachs filed for a Bitcoin Premium Income ETF on Tuesday. The fund will buy Bitcoin ETPs and sell call options to generate income.

The options overwrite strategy could outperform in modest or falling markets but lag during rapid price appreciation. 

Bloomberg ETF analyst Eric Balchunas called the filing a shock and said it may indicate Goldman sees an opportunity to leapfrog current Bitcoin ETF leader BlackRock. 

Balchunas speculated Goldman clients may want Bitcoin exposure but are willing to give up some upside for lower downside and income.

Bitcoin Wednesday Flows

Only two funds posted positive flows on Wednesday. BlackRock’s IBIT led all products with $291.9 million, its largest single-day inflow since the beginning of April. Morgan Stanley’s MSBT ranked second with $19.3 million.

Fidelity’s FBTC (NASDAQ:FBTC) posted $47.4 million in outflows. Ark Invest’s ARKB (NASDAQ:ARKB) lost $42.2 million and Grayscale’s GBTC (NYSE:GBTC) shed $23.4 million. 

Meanwhile, Bitwise’s BITB (NYSE:BITB) and VanEck’s HODL (NASDAQ:HODL) recorded outflows of $8.5 million and $3.7 million.

The 13-fund group has now accumulated around $57.1 billion since the ETFs first launched in January 2024, with total net assets reaching $97.6 billion as of April 15, or 6.5% of Bitcoin’s market capitalization.

Image: Shutterstock