Morgan Stanley E*Trade Launches Cryptocurrency Trading with Lower Fees

Morgan Stanley, a leading financial institution, has taken another significant step into the world of cryptocurrency with its E*Trade platform. According to reports, the company will offer cryptocurrency trading services to its clients, charging a fee that is lower than many of its major competitors.

The new feature will be available to approximately 8.6 million customers by the end of the year, providing them with a convenient and accessible way to buy and sell cryptocurrencies on their E*Trade account.

This move marks the latest development in Morgan Stanley's expansion into the crypto space, which has been ongoing for over a year now. The company has already made significant strides in this area, including launching the lowest-fee Bitcoin ETF and applying for a national trust bank license to provide digital asset custody.