Morgan Stanley's new Bitcoin ETF, with its aggressive 0.14% fee, isn't just competing; it's poised to fundamentally reshape the market by leveraging its massive wealth management arm. With trillions under management, they can shift *billions* from competitors with ease, simply by moving a small fraction of client money. This isn't about who has the best product, but who has the biggest distribution network. Is this truly a win for investors, or just another example of Wall Street consolidating power?
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