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Morgan Stanley rolls out a trading pilot on its E*Trade platform.
Morgan Stanley's E*Trade pilot offers crypto trading at 50 basis points per trade, undercutting major rivals.
KEY POINTS
- 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
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