Morgan Stanley Joins Crypto Trading Space 🚀

One of the world’s largest wealth management firms, Morgan Stanley, is now offering cryptocurrency trading on its E*Trade platform. The bank aims to compete with rivals like Coinbase and Robinhood by charging a lower 50 basis points per transaction based on dollar value.

This move comes just weeks after Morgan Stanley launched its Bitcoin ETF under the ticker MSBT, which debuted with a low fee of 0.14%. At launch, clients will be able to trade Bitcoin, Ether, and Solana on E*Trade.

The latest development shows Morgan Stanley’s commitment to staying ahead in the crypto space by offering competitive pricing and extensive offerings like its Stablecoin Reserves Portfolio, designed for issuers seeking compliant reserve solutions.

Which cryptocurrencies are you most excited to see Morgan Stanley offer trading for? 👇

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