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Morgan Stanley Starts Spot Crypto Trading Pilot on E*Trade at 50-Basis-Point Fee

2026-05-06 16:34:05

Morgan Stanley started a spot crypto trading pilot on ETrade and is charging a 50-basis-point fee on each transaction. The pilot is live now, and all 8.6 million ETrade clients are expected to gain access later this year. The move follows Morgan Stanley’s broader retail crypto push, including its MSBT spot bitcoin ETF launch.

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