Morgan Stanley has officially launched a pilot program for spot cryptocurrency trading on its E*Trade platform, marking one of the most significant moves by a major Wall Street bank into direct retail crypto access.
According to reports, the pilot is currently available to a select group of ETrade users with a competitive fee of approximately 0.5% per transaction — lower than many competitors like Coinbase (0.6%), Charles Schwab (0.75%), and Robinhood (0.95%). Morgan Stanley plans to gradually roll out the service to all **8.6 million ETrade customers** by the end of 2026.
The initial pilot focuses on major cryptocurrencies (Bitcoin, Ethereum, Solana, and others), powered by infrastructure partner ZeroHash. This hybrid model allows clients to trade both traditional securities and crypto within the same familiar E*Trade interface.
This development signals growing institutional confidence and mainstream acceptance of crypto as a legitimate asset class for retail investors.
Source:
https://cryptorank.io/news/feed/b35e2-morgan-stanley-crypto-trading-etrade-2
