The Block, citing SoSoValue data, reports that the Morgan Stanley Bitcoin Trust, or MSBT, completes its first month in the market without a single day of net redemptions, a result no rival U.S. spot bitcoin fund matches over the same period. MSBT launches on April 8 with $30.6 million in net inflows and about $34 million in trading volume on its first day. Bloomberg Senior ETF Analyst Eric Balchunas ranks that debut in the top 1% of all ETF launches, even as the broader spot bitcoin ETF market records $94 million in net outflows on the same day. Daily inflows are easing from the high teens of millions in the first ... (full story)