BlackRock’s iShares Bitcoin Trust ETF (IBIT) could withstand a renewed fee war by the recently launched Morgan Stanley Bitcoin Trust ETP (MSBT), according to ETF analyst Eric Balchunas. As MSBT enters its second day of trading on April 9, Balchunas sees near zero possibility that IBIT could cut its management fees to remain competitive. Moreover, BlackRock has a liquidity monopoly, currently reporting more than $11 trillion in assets under management (AUM), compared to Morgan Stanley, which controls about $1.9 trillion in AUM from its $9