Morgan Stanley’s E*TRADE launches spot crypto trading through Zero Hash
Summary
Morgan Stanley’s E*TRADE now offers spot crypto trading for eligible clients, letting them buy, sell, and hold Bitcoin, Ether, and Solana through Zero Hash. Crypto balances can be viewed alongside traditional investments, with transfers expected later this year. Trades carry a 50-basis-point fee, and custody/transaction services are handled in separate Zero Hash accounts not covered by FDIC or SIPC. Morgan Stanley plans to move the service to its own digital trust bank. The rollout follows a May pilot and comes with other platform upgrades, including fractional shares and retirement-planning tools. The move fits a broader push into digital assets, including stablecoin reserve services and spot crypto ETFs.
