# Morgan Stanley is rolling out crypto trading on its E*Trade platform.

*fintech · news · 2026-05-06 · CoinDesk*

## Key points

- Morgan Stanley is piloting crypto trading on E*Trade with 50 basis points fees, undercutting rivals.
- The service will expand to all 8.6 million E*Trade users later in 2024.
- Morgan Stanley is seeking a national trust bank charter to directly custody digital assets.
- The bank is considering tokenized equity trading and crypto-to-ETF conversion services this year.
- These initiatives reflect a strategy to bypass existing crypto service intermediaries like Coinbase and Robinhood.

**Companies:** Morgan Stanley, Coinbase, Robinhood, Charles Schwab
**Countries:** United States

[Read the full story on CoinDesk](https://www.coindesk.com/markets/2026/05/06/morgan-stanley-brings-crypto-trading-with-lower-fees-than-rivals)

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