Morgan Stanley: Adds $4M BTC to MSBT ETF
Morgan Stanley MSBT ETF takes 51.58 BTC worth $4M from Coinbase Prime, bringing two-week inflows to 641.87 BTC or $50.6M at $77231.85.
SourceAnalysis
Morgan Stanley’s MSBT Bitcoin ETF absorbed another 51.58 BTC (~$4M) from Coinbase Prime in the latest on-chain transfer, lifting its two-week total to 641.87 BTC (~$50.6M).
At the current BTC price of $77231.85 the ETF continues its steady accumulation even as the four-hour chart shows price wedged between the EMA50 resistance at $78130.67 and the EMA200 support at $74209.28. With RSI(14) at 41.08 still neutral and MACD printing a bullish golden cross at -385.25, the structure points to a likely test of the upper Bollinger Band at $78603.68 before any deeper pullback toward the lower band support at $76428.62. Institutional BTC accumulation like this often coincides with periods of measured volatility rather than sharp directional moves.
Onchain Lens
@OnchainLensSimplifying onchain data for the masses