Morgan Stanley Brings BTC, ETH, and SOL Trading to E*TRADE

Morgan Stanley just finished rolling out crypto trading on its E*TRADE platform. Eligible customers can now buy, sell, and hold Bitcoin, Ethereum, and Solana directly through their accounts. This move marks a major step for the firm as it brings digital assets to its massive retail user base.

To trade these assets, the bank is charging a 0.50% fee on every transaction. While some crypto platforms might offer lower rates, the convenience of having these coins alongside traditional stocks and bonds is a big win for casual investors. It shows that big banks are finally getting serious about making crypto accessible to the public.

This update comes as more institutional players look for ways to offer crypto services without the need for complex wallets. By including Solana alongside Bitcoin and Ethereum, E*TRADE is signaling that it views the Solana network as a core part of the market. Traders should watch to see if other major brokerage firms follow this lead and add more tokens in the future.