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Morgan Stanley Initiates Spot Cryptocurrency Trading on E*Trade, Targeting Expansion to 8.6 Million Customers

2026/05/07 09:17
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Written by L.Kikutani
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Morgan Stanley Initiates Spot Cryptocurrency Trading on E*Trade, Targeting Expansion to 8.6 Million Customers

Launching Cryptocurrency Trading on E*Trade

Morgan Stanley initiated a pilot offering of spot cryptocurrency trading on its subsidiary online brokerage platform E*Trade, as reported by Bloomberg on May 6. The trading fee is set at 0.50% (50 basis points) of the transaction amount, which is lower than industry competitors Coinbase (60bp), Charles Schwab (75bp), and Robinhood (up to 95bp).

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