Morgan Stanley Bitcoin Trust (MSBT) has outshined BlackRock’s iShares Bitcoin Trust ( IBIT ) since the beginning of this week until April 30. Morgan Stanley’s MSBT has attracted a total of $10.81 million during this period, according to data from SoSoValue . On Monday and Tuesday, MSBT posted zero total cash flow, thus holding Bitcoin ( BTC ) worth approximately $197.7 million at press time. MSBT daily flow. Source: SoSoValue In contrast, BlackRock’s IBIT recorded a net cash outflow of $166.98 million during the same period. Consequently, IBIT held Bitcoin valued at around $61.11 billion at the time of publication. IBIT daily flow. Source: SoSoValue Following IBIT’s cash outflow this week, it ended its 13 consecutive days of inflows, as Finbold pointed out . Meanwhile, MSBT has never had a net daily outflow since its inception. Morgan Stanley’s MSBT focused on dethroning IBIT in Bitcoin ETFs Morgan Stanley entered the spot BTC ETF and heightened the fee war, as Finbold previously reported . In a bid to attract more investors, MSBT charges 0.14% per year compared to IBIT’s 0.25% as of reporting time. During the Bitcoin 2026 conference, Amy Oldenburg, the head of digital assets strategy at Morgan Strategy, stated that the firm has been recommending investors to allocate 2-4% of their portfolios to Bitcoin. Currently, Morgan Stanley manages about $9.2 trillion in total client assets, thus MSBT could attract as much as $368 billion. Notably, IBIT holds an edge over MSBT, as BlackRock manages nearly $14 trillion in assets. In comparison, Morgan Stanley’s $9.2 trillion comes mainly from client advisory services. Nonetheless, BlackRock’s deep liquidity gives it a competitive advantage in the Bitcoin space. The post Morgan Stanley’s Bitcoin ETF gains traction as BlackRock’s IBIT loses $167 million in weekly flows appeared first on Finbold .