Morgan Stanley’s MSBT Bitcoin ETF Wallets Now Publicly Trackable via Arkham

Key Takeaways:

• Arkham Intelligence labeled 3 onchain wallets backing Morgan Stanley’s MSBT ETF, which holds 1,348 BTC worthy much than $100M.
• MSBT launched connected April 8, 2026, with a 0.14% disbursal ratio, the lowest among large U.S. spot bitcoin ETFs, including Blackrock’s IBIT.
• Anyone tin present show Morgan Stanley’s BTC accumulation successful adjacent real-time via Arkham’s unrecorded dashboard.

Arkham Identifies Onchain Wallets Behind Morgan Stanley’s Spot Bitcoin ETF

The fund, ticker MSBT, launched April 8, 2026, connected NYSE Arca, making Morgan Stanley the archetypal large U.S. slope to contented a spot bitcoin ETF. The steadfast manages astir $9.3 trillion successful lawsuit assets, placing the merchandise squarely successful presumption of accepted concern (TradFi) audiences who had nary comparable onchain tracking instrumentality earlier Arkham’s labeling.

Arkham’s in-house analytics squad identified 3 wallet addresses connected to MSBT’s custodians, Coinbase and BNY Mellon, earlier publishing verified entity labels connected its platform. As of astir April 18, 2026, those wallets held 1,348 BTC valued astatine astir $102.08 million, based connected a bitcoin terms successful the $75,700 to $76,000 range.

Screenshot from Arkham connected April 18, 2026.

The steadfast announced the labeling publically connected X, noting astatine the clip that MSBT had purchased $83.6 cardinal worthy of bitcoin since inception and held $64.4 cardinal crossed its onchain addresses. Holdings person grown since then.

Recent inflows documented by Arkham see a transportation of 177.757 BTC, worthy astir $13.75 million, arriving astir 23 hours earlier publication, and a 209.296 BTC deposit, astir $15.47 million, recorded 3 days prior. Multiple different deposits successful the 80 to 415 BTC scope were logged during the fund’s archetypal 2 weeks. No important outflows person been reported.

MSBT carries an disbursal ratio of 0.14 percent, the lowest among large U.S. spot bitcoin ETFs. Blackrock‘s Ishares Bitcoin Trust, ticker IBIT, charges 0.25 percent. On its archetypal time of trading, MSBT recorded astir $34 cardinal successful volume and ranked successful the apical 1% of each ETF launches implicit the anterior year, according to Bloomberg ETF expert Eric Balchunas. Net assets reached astir $87 cardinal aft astir 5 trading days.

Spot bitcoin ETFs run connected a T+1 colony cycle, meaning onchain transfers look with astir a one-day lag aft nationalist instauration oregon redemption announcements. Arkham’s dashboard reflects those flows erstwhile settled, offering adjacent real-time visibility erstwhile the blockchain records the transaction.

The 3 labeled addresses transportation partial nationalist prefixes: bc1qa…, bc1qe…, and bc1qn…. Arkham groups these into a azygous entity page, displaying aggregated balances, inflow and outflow charts, and afloat transaction history. However, Arkham whitethorn not person each of the bank’s addresses, arsenic Morgan Stanley’s website indicates that it holds 1,820.60 BTC arsenic the log’s day of April 17, 2026.

Screenshot from Morgan Stanley’s ETF web portal connected April 18, 2026.

Arkham published a elaborate research article connected April 17, 2026, walking done its recognition methodology. The firm’s analytics level present covers much than 450,000 entity pages and billions of code tags crossed exchanges, governments, plus managers, DeFi protocols, and idiosyncratic wallets.

For comparison, Arkham tracks Coinbase custody wallets, Grayscale wallets, and Blackrock’s IBIT-related addresses. The U.S. authorities entity page shows much than 328,000 BTC successful seized assets. Those figures displacement arsenic caller addresses get labeled and prices move.

What Morgan Stanley’s MSBT labeling adds is simply a unrecorded model into a Wall Street institution’s bitcoin accumulation that antecedently would person required waiting for regulatory filings. Retail and organization observers tin present ticker inflows and outflows from the aforesaid screen.