Bitcoin news broke on April 9, 2026, as Morgan Stanley’s Bitcoin Trust ETP (MSBT) started trading. The product charges 0.14%, lower than BlackRock’s iShares Bitcoin Trust ETF (IBIT) at 0.25%. IBIT holds 60.82% of the $91.9 billion U.S. Bitcoin ETF market. MSBT’s debut saw $27 million in volume, compared to IBIT’s $50.46 million 30-day average. Analyst Eric Balchunas says BlackRock is unlikely to cut fees. Bitcoin analysis suggests the market is watching for a potential fee war.

BlackRock’s iSh