Morgan Stanley’s Bitcoin (BTC) ETF, is going live later today, April 8, 2026, under the ticker Morgan Stanley Bitcoin Trust (MBST). The launch marks the first instance of a major US bank rolling out a spot BTC ETF. The fund will hold actual BTC, and will use BNY and Coinbase for custody services. Let’s discuss if MSBT’s launch can propel BTC’s price back to the $100,000 mark.

Will Morgan Stanley’s Bitcoin ETF Push BTC Back To $100,000?

Ever since the US SEC approved spot Bitcoin ETF products, the underlying asset has seen incredible gains. BTC has hit multiple all-time highs since the SEC’s approval in January 2024. BTC climbed to its latest peak of $126,080 in October of 2025, but has since been on a downtrend due to macroeconomic and geopolitical factors.

The launch of Morgan Stanley’s Bitcoin (BTC) ETF is further testament to how far the crypto sector has come. Several top financial institutions already offer spot Bitcoin ETF products to their clients. The launch of MSBT marks another milestone for the industry.

ETF inflows have become a key price driver for the underlying asset. Morgan Stanley’s MSBT launch could lead to a big spike in investor sentiment. Moreover, the US-Iran war has entered a two-week ceasefire. Cooling of geopolitical tensions and a new Bitcoin ETF launch from a major bank could trigger a bullish breakout for the asset.

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Bitcoin (BTC) currently faces substantial resistance at the $72,000-$73,000 price level. If the asset can break past its resistance, there is a chance that prices could climb to the $100,000 mark.

CoinCodex analysts anticipate Bitcoin (BTC) to rally over the coming months, but do not expect it to hit $100,000 just yet. The platform predicts BTC will trade at $86,201 on July 7, 2026.