Morgan Stanley Adds Bitcoin, Ethereum, and Solana to E*TRADE

Morgan Stanley has finished rolling out spot cryptocurrency trading on its E*TRADE platform. Eligible clients now have the ability to buy, sell, and hold Bitcoin, Ethereum, and Solana alongside their traditional stock portfolios. This integration uses Zero Hash to handle trade execution and asset custody.

Investors will pay a fee of 0.5 percent on these trades. While users can currently manage their holdings on the platform, the bank plans to add transfer functionality later this year. Future custody services will eventually move to the internal Morgan Stanley Digital Trust once that entity becomes fully operational.

The bank believes that relying on an established name is the key factor for investors entering the crypto market. This move follows a broader trend of expansion for the firm, which has recently filed for spot ETFs and moved toward obtaining a national trust bank charter. Traders should keep an eye on how these traditional financial features affect retail adoption of digital assets.