Morgan Stanley Completes E*Trade Crypto Rollout With 50 Basis Point Fees: Here’s What Clients Get

Morgan Stanley has completed the rollout of cryptocurrency trading on its E*Trade platform, introducing a competitive fee structure of 50 basis points per trade for assets including Bitcoin, Ether, and Solana. This initiative marks a significant expansion of E*Trade's offerings in the cryptocurrency market.

The introduction of these low fees positions Morgan Stanley as a formidable player in the crypto trading space, potentially attracting a larger client base and increasing its market share against established competitors like Coinbase and Schwab.

This development reflects a broader trend of financial institutions increasingly integrating cryptocurrency services, as evidenced by Morgan Stanley's recent partnerships and initiatives aimed at enhancing liquidity and investment options in the crypto sector.