{"url":"https://etfiq.com/compare/crypto/msbt-vs-obtc","section":"compare","title":"MSBT vs OBTC: Tracking, Returns & Fees | ETFIQ","description":"MSBT and OBTC both hold Bitcoin, side by side to Oct 28, 2026 on every field both funds publish, with the source and the date for each.","as_of":"Oct 28, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which tracked Bitcoin more closely, MSBT or OBTC?","acceptedAnswer":{"@type":"Answer","text":"Over the days each has traded, MSBT finished 0.26 of a percentage point behind Bitcoin and OBTC 5.0% ahead once both returns are compounded. Those are not set against each other here, because the two windows are not the same days, so neither is nearer its coin than the other on this page. Each difference carries the fee, the custody cost, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin."}},{"@type":"Question","name":"Do MSBT or OBTC pay a staking yield?","acceptedAnswer":{"@type":"Answer","text":"Bitcoin is a proof of work chain, so there is nothing to stake and no fund holding it can pay a staking yield."}},{"@type":"Question","name":"What is the difference between MSBT and OBTC?","acceptedAnswer":{"@type":"Answer","text":"Both hold Bitcoin through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. MSBT is sponsored by Morgan Stanley and first traded Apr 8, 2026; OBTC by Osprey, first traded Feb 12, 2021."}},{"@type":"Question","name":"Which is cheaper, MSBT or OBTC?","acceptedAnswer":{"@type":"Answer","text":"MSBT charges 0.14% a year and OBTC charges 0.49%, so MSBT is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Crypto ETFs","item":"https://etfiq.com/crypto/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"MSBT vs OBTC","item":"https://etfiq.com/compare/crypto/msbt-vs-obtc"}]},{"@type":"WebPage","name":"MSBT vs OBTC: Tracking, Returns & Fees","description":"MSBT and OBTC both hold Bitcoin, side by side to Oct 28, 2026 on every field both funds publish, with the source and the date for each.","url":"https://etfiq.com/compare/crypto/msbt-vs-obtc","dateModified":"2026-10-28","abstract":"Over the six months to Oct 28, 2026, MSBT finished 0.06 of a percentage point behind Bitcoin and OBTC 0.48 behind.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MSBT and OBTC","description":"MSBT and OBTC both hold Bitcoin, side by side to Oct 28, 2026 on every field both funds publish, with the source and the date for each.","dateModified":"2026-10-28","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/crypto/msbt-vs-obtc","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/crypto.json"}],"variableMeasured":["Fund total return","Coin return over the same days","Tracking difference","Compounded difference","Sponsor's fee","Fee waiver","Staking","Days traded"],"keywords":["exchange-traded funds","ETF","Crypto ETFs","fund data","SEC filings"]}],"characters":8723,"truncated":true,"content":"ETFIQ / Crypto ETFs / Compare ETFs / MSBT vs OBTC \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 28, 2026 .\n\n MSBT vs OBTC: Tracking, Returns & Fees\n\n Over the six months to Oct 28, 2026, MSBT finished 0.06 of a percentage point behind Bitcoin and OBTC 0.48 behind.\n Copy this for sharing \n \n MSBT costs 0.35 points a year less.\n MSBT and OBTC at a glance. As of Oct 28, 2026. Source: ETFIQ. MSBT OBTC \n Expense ratio 0.14% 0.49% \n Net assets not read by ETFIQ $55m \n Total return, 1 year not published \u221224.7% \n What it tracks Bitcoin Bitcoin \n Holdings in common not published \n \n Net as","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, MSBT against OBTC, data as of Oct 28, 2026. https://etfiq.com/compare/crypto/msbt-vs-obtc","a":{"ticker":"MSBT","name":"Morgan Stanley Bitcoin Trust","issuer":"Morgan Stanley","desk":"crypto","as_of":"2026-10-28","verdict":"From its Apr 8, 2026 launch to Oct 28, 2026, MSBT returned 14.0%, against 14.3% for bitcoin.","url":"https://etfiq.com/funds/msbt","key_facts":[{"label":"Total return, since launch, Apr 8, 2026","value":"+14.0%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Bitcoin over the same days","value":"+14.3%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Difference against Bitcoin, in percentage points","value":"\u22120.3 pts","as_of":"2026-10-28","source":null},{"label":"Days it has traded","value":"142","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Holds","value":"Bitcoin","as_of":"2026-10-28","source":null}]},"b":{"ticker":"OBTC","name":"Osprey Bitcoin Trust","issuer":"Osprey","desk":"crypto","as_of":"2026-10-28","verdict":"Over the year to Oct 28, 2026, OBTC lost 24.7%, against \u221228.3% for bitcoin.","url":"https://etfiq.com/funds/obtc","key_facts":[{"label":"Total return, 1 year","value":"\u221224.7%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Bitcoin over the same days","value":"\u221228.3%","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Difference against Bitcoin, compounded","value":"+5.0%","as_of":"2026-10-28","source":null},{"label":"Days it has traded","value":"1,434","as_of":"2026-10-28","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Net assets","value":"$55m","as_of":"2026-06-30","source":"10-Q balance sheet, as of Jun 30, 2026"},{"label":"Holds","value":"Bitcoin","as_of":"2026-10-28","source":null}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/crypto/msbt-vs-obtc"}