Svmuu News According to Eric Balchunas, a senior ETF analyst at Bloomberg, who stated on platform X that while the market focused on the listing of Morgan Stanley's Bitcoin ETF (MSBT), another Bitcoin exchange-traded fund, the Bitcoin After Dark ETF (NGHT), also launched this Wednesday. The product's first-day trading performance was lackluster, but its trading volume saw a significant increase on the second day. Its future market performance remains to be observed.
For long-term ETF investors, holding products similar to MSBT can already yield good returns. However, if NGHT shows strong subsequent capital inflows, it may gain market recognition; conversely, it could quickly become marginalized. Meanwhile, Morgan Stanley's Bitcoin ETF, leveraging its distribution channel advantages, is still expected to achieve significant success.