Morgan Stanley Launches Bitcoin, Ethereum, and Solana Trading on E*Trade
Morgan Stanley has launched spot crypto trading on E*TRADE, letting eligible users buy, sell, and hold Bitcoin, Ethereum, and Solana through Zero Hash. Crypto balances can be viewed alongside stocks and other assets in E*TRADE, but holdings are kept in linked Zero Hash accounts, not by Morgan Stanley. Trades will charge a 50-basis-point fee, and crypto transfers are expected later this year. The rollout is part of a broader E*TRADE update that adds retirement planning tools, fractional shares, an improved IPO Center, and new features for active traders. It also advances Morgan Stanley’s wider digital assets strategy, following recent efforts in crypto ETFs, tokenization, tokenized money market funds, and reserve products for stablecoin issuers.
