# Morgan Stanley rolls out a trading pilot on its E*Trade platform.

*fintech · news · 2026-05-06 · Crypto Breaking News*

## Key points

- Morgan Stanley's E*Trade pilot offers crypto trading at 50 basis points per trade, undercutting major rivals.
- E*Trade's approximately 8.6 million clients are expected to gain access to crypto trading later this year.
- Charles Schwab has launched spot Bitcoin and Ether trading for retail clients at 75 basis points per transaction.
- Morgan Stanley’s spot Bitcoin ETF (MSBT) attracted $30.6 million in inflows on its first trading day.
- BNY Mellon now operates a digital asset custody platform for regulated Bitcoin and Ether storage in the US.

**Companies:** Morgan Stanley, Charles Schwab, Goldman Sachs
**Countries:** United States

[Read the full story on Crypto Breaking News](https://www.cryptobreaking.com/morgan-stanley-enters-crypto-trading/)

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