Morgan Stanley Pilots Crypto Trading on E*Trade With 50 Basis-Point Fee

Morgan Stanley is piloting spot crypto trading on E*Trade with a 50 basis-point fee per trade, according to Bloomberg, and the feature is expected to roll out to E*Trade’s 8.6 million clients this year. The move expands the bank’s digital-asset strategy beyond existing investment channels by adding direct cryptocurrency trading on its wealth and brokerage infrastructure. Bloomberg also reported broader initiatives including Bitcoin ETF offerings, planned Ether and Solana ETF products, custody services, tokenized assets, and tokenized stock trading, indicating a wider push across trading, investment products, and blockchain-based market infrastructure. No further operational details, such as launch timing beyond this year, supported cryptocurrencies, or jurisdictions, were provided in the source topics.

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