Morgan Stanley eyes crypto rollout for E*Trade platform: Bloomberg
Summary
Morgan Stanley plans to list cryptocurrencies on its E*Trade platform by 2026, with internal discussions starting in late 2024. The bank is exploring partnerships with established crypto firms to support this service. Morgan Stanley's wealthiest clients already have access to crypto ETFs and futures. The move aligns with a favorable US regulatory environment under President Donald Trump, who supports crypto initiatives. The SEC has also softened its stance on crypto, pausing several enforcement cases. Morgan Stanley disclosed $188 million in BlackRock Bitcoin ETF holdings, indicating its growing interest in digital assets.
