Morgan Stanley to Launch First Spot Bitcoin ETF on NYSE Arca With Market-Low 0.14% Fee Starting 8 April
Morgan Stanley will launch its first spot Bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT), on the NYSE Arca on 8 April 2026.
WeatherlyLog in/ Sign up
Satoshi Action Fund Co-Founder Predicts Bitcoin Will Be Impossible to Buy Soon
Follow
Bitcoin Adoption Gains Momentum with Strategic US Reserve
The global financial landscape is on the cusp of a major transformation, driven by Bitcoin's rise to prominence following Donald Trump's victory as the next President of the United States in November 2024.
Trump has pledged to establish a national Bitcoin stockpile, adding to the cryptocurrency’s growing presence in global economies.
This move fuels a broader wave of Bitcoin adoption, influencing nations worldwide to reconsider their financial systems.
US to Launch Strategic Bitcoin Reserve
A key component of the new administration’s plans is the creation of a strategic Bitcoin reserve in the United States.
Denis Porter, CEO and co-founder of the Satoshi Action Fund, suggests that legislation for state-level Bitcoin reserves could be enacted before Trump even takes office.
However, he speculates that Trump could expedite matters with an executive order in his first week, paving the way for federal action.
Porter confirmed that 10 US states are already preparing to introduce plans for their own strategic Bitcoin reserves.
To support this push, he is urging the crypto community to contribute to the Satoshi Action Fund.
Satoshi Action Fund is a non-profit organisation focused on educating policymakers and regulators about Bitcoin mining's potential to stabilise the energy grid, boost the economy, and promote environmental sustainability.
Global Demand Surge as Bitcoin Becomes a National Asset
The move by the US government to hold Bitcoin as part of its financial strategy is expected to kickstart a global shift.
Countries grappling with high debt-to-GDP ratios—like Japan and the United States—are under increasing pressure to adopt alternative assets like Bitcoin.
With debt exceeding 100 percent of GDP, many economies are looking for ways to mitigate long-term financial risks.
This broader adoption could have profound effects on the global financial system, with Bitcoin becoming a key asset in national reserves.
As demand for Bitcoin skyrockets, the supply is likely to shrink, potentially leading to substantial price increases.
Bitcoin Price Surge and the Institutional Push
Porter forecasts that the increasing institutional adoption of Bitcoin, combined with the likely addition of national reserves, will create a severe demand-supply imbalance.
He believes this imbalance will make it exceedingly difficult to acquire Bitcoin in the future, pushing its value to new heights.
As the cryptocurrency's scarcity grows, Bitcoin could soon surpass the $100,000 mark, continuing its bullish trend.
However, not everyone is convinced about the potential of the strategic Bitcoin reserve.
Peter Schiff, a long-time Bitcoin critic, has raised concerns about the bill’s lack of significant support.
He pointed out that aside from Senator Cynthia Lummis and Representative Ro Khanna, the reserve initiative doesn’t appear to have broad backing in Congress.
Peter Schiff is an American stockbroker, financial commentator, and co-founder of Echelon Wealth Partners, also serving as an investment advisor at Euro Pacific Asset Management and Schiff Gold.
The Growing Institutional and State-Level Support
Despite Schiff’s reservations, state-level and institutional support for Bitcoin continues to expand.
With a growing number of states in the US taking steps to integrate Bitcoin into their financial frameworks, the momentum for a national Bitcoin reserve is only building.
As Trump takes office and potentially accelerates this process, Bitcoin’s position as a legitimate financial asset appears increasingly secure.
In the face of economic uncertainty, the rise of Bitcoin as both a store of value and a strategic asset is shaping up to be a defining feature of the coming financial era.
At the time of writing, Bitcoin is valued at $95,371.55.
Gain a broader understanding of the crypto industry through informative reports, and engage in in-depth discussions with other like-minded authors and readers. You are welcome to join us in our growing Coinlive community:https://t.me/CoinliveSG
Add Comment
LoginLeave your comments
0 Comments
Earliest
Load more comments
Related News
- Weatherly
Crypto Trader Lost Nearly $100 Million In Two Weeks: What Went Wrong
James Wynn lost almost his entire $100 million account, leaving just $900, after a series of 40x leveraged Bitcoin shorts were repeatedly liquidated as prices rose. His sixth liquidation in two weeks on 6 April 2026 capped a rapid collapse, with losses happening in real time on-chain.
WeatherlySpaceX Files One Of The Biggest IPO In Wall Street, Set to Eclipse Meta, Tesla and Bitcoin
Elon Musk’s SpaceX is preparing to storm Wall Street with what could be the largest public listing in history, targeting a staggering $1.75 trillion valuation and a $75 billion raise that would instantly place it among the world’s most valuable assets.
XingChiBitcoin Closes Q1 With Its Worst Performance In The Past Decade With A 24% Drop as Macro Pressure Mounts
Bitcoin has clocked in one of its worst performances in the past decade with a 23.8% drop in the first quarter of 2026 as geopolitical tensions, weakening ETF flows, and persistent macro headwinds weighed heavily on market sentiment.
XingChiStrategy Breaks 13-Week Bitcoin Buying Streak, Raising Questions Over Saylor’s Conviction
Strategy, long seen as Bitcoin’s most relentless corporate buyer, has halted its BTC purchases for the first time in 13 weeks — a surprising pause that comes amid a sharp stock decline and growing signs that the broader industry may be pivoting away from pure Bitcoin accumulation.
XingChiCoinbase Lets Americans Turn Bitcoin and USDC into Home Down Payments Without Selling Their Assets
Coinbase and Better Home are launching a mortgage that lets buyers use Bitcoin or USDC as collateral for their down payment without selling their crypto. The mortgage is backed by Fannie Mae, keeps standard terms, and only risks the crypto if payments are missed for 60 days.
WeatherlyBitcoin Reclaims $71K as Iran's Efforts To "End The War" Lifts Market Sentiment
Bitcoin moved back above $71,000 after renewed optimism over a potential ceasefire between the United States and Iran sparked a broader risk-on shift across global markets.
XingChiTrump’s Threat To Destroy Iran Sents Bitcoin Soaring Above $71K
Bitcoin briefly surged past the $71,000 mark after Donald Trump abruptly retracted his threat to detroy Iran thorugh airstrikes, with the good news sending shockwaves through the crypto market.
XingChiSouth Korea Converts 320 Bitcoins Recovered From Hacker Into 31.58 Billion Won for National Treasury
South Korean prosecutors sold 320.88 bitcoins recovered from a phishing scam, transferring 31.58 billion won to the national treasury. The stolen bitcoins were returned by the hacker after authorities in South Korea traced the funds and froze accounts to prevent further movement.
WeatherlyBitcoin Mining Reaches 20 Million Coins with Only One Million Remaining, Stretching Supply Over Next 114 Years
Bitcoin miners have now mined 20 million coins, reaching about 95% of the total 21 million supply, with fewer than one million coins left to mine over the next 114 years. The 2024 halving reduced block rewards to 3.125 BTC, and future halvings will continue to slow new issuance while miners increasingly rely on transaction fees.
Anais
More news about satoshi action fund
- Satoshi Action Fund raises more than $70,000BullishBearish1
More news about satoshi action fund
Are Solana Actions and Blinks just short-lived attempts?
Actions and Blinks aim to seamlessly integrate blockchain operations into every corner of the Internet, enabling users to complete various on-chain operations without leaving their current applications.
JinseFinanceSolana’s current situation: ETF, Actions and Blinks, TipLink application
In this issue of Cryptosnap Dr.DODO, we will take you to understand the latest updates of the SOLANA public chain and its various applications for large-scale adoption.
JinseFinanceSolana Actions, Blinks vs Ethereum Farcaster, Lens
Advantages and challenges of Solana Actions & Blinks vs. Ethereum Farcaster & Lens.
JinseFinanceSatoshi Nakamoto Impersonator Gets Chance to Defend Bitcoin
Dr. Craig Steven Wright, who asserts to be the Bitcoin inventor Satoshi Nakamoto, will present his case in a UK court.
BeincryptoCraig Wrights Bitcoin Satoshi Vision Blockchain Takeover
Craig Wright, the Bitcoin Satoshi Vision creator, will receive the outcome of his trial against Hodlonaut on Nov. 9, 2022.
BeincryptoCZ Fast Action Saves Binance Smart Chain
CZ showed commendable dedication to the Binance community, staying up late into the night and posting updates on Twitter.
NulltxSatoshi Fund CEO Warns Ethereum And Points Towards Vitalik Failure
The top two cryptocurrencies have remained strict competitors for each other. Bitcoin and Ethereum have always been at the neck of each other.
BitcoinistHow This Fake Satoshi Fooled Some Of The Biggest Names In Finance
Did a fake Satoshi infiltrate traditional finance and even find their way into an SEC meeting?
BitcoinistCraig Wright’s Satoshi Proofs ‘Not Credible’ and a ‘Farce,’
Closing statements on behalf of the Twitter user suggests the case could hinge on vagaries of Norwegian defamation law as much as BTC founder's identity.
CoindeskDespite Looming Eastern European Conflict, Bitcoin Fund Inflows $89M While ETH Fund Sees Outflows
CoinShares noted that inflows into digital asset investment products totaled $109 million last week despite “weak prices and the negative impact of looming conflict in Eastern Europe.”
Cointelegraph