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Morgan Stanley pilots crypto trading on E*Trade with 50-basis-point fee: Bloomberg

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The Block Editorial
(03:44 PM UTC)
1 min read
JM
Updated byJames Mitchell
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Morgan Stanley has begun offering spot cryptocurrency trading on its E*Trade retail brokerage platform, accelerating the bank's foray into digital asset products and services for its retail client base.

The sixth-largest U.S. bank by assets under management is charging clients 50 basis points on the dollar value of each crypto transaction. The pilot is live now, with all of E*Trade's 8.6 million…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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