# Morgan Stanley Bitcoin Trust (MSBT)

> Source: Nexqual · https://nexqual.com/MSBT · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Morgan Stanley Bitcoin Trust (MSBT), nexqual.com/MSBT" · informational, not investment advice.

**Price:** USD 23.58 (+0.73% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 23.41 · day 22.85–23.66 · 52w 16.64–25.2 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -6.4% vs S&P 500 +18.1%; 5Y +12.1% vs S&P 500 +85.1%.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Total return (dividends reinvested)
|  | 1Y (from 2026-04-06) | 5Y (from 2026-04-06) |
|---|---|---|
| Total return | -6.4% | +12.1% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | — | — |
| Volatility (annualized) | 46.5% | 44.5% |
| Max drawdown | -33.1% (Apr 2026→Jun 2026) | -25.6% (May 2026→Jun 2026) |

## Peers
SATA (Strive, Inc. - Variable Rate Se) USD 97.85 -0.95% · BSOL (Bitwise Solana Staking ETF) USD 14.64 -1.21% · ETHB (iShares Staked Ethereum Trust E) USD 31.53 -2.14% · STRC (Strategy Inc - Variable Rate Se) USD 99.53 -0.37% · XXI (Twenty One Capital, Inc.) USD 6.08 -4.40%

## More
Full page: https://nexqual.com/MSBT · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt