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Morgan Stanley, Schwab Push Crypto Trading Into Brokerage Accounts
Morgan Stanley and Charles Schwab are expanding direct crypto access in brokerage accounts as U.S.-traded spot Bitcoin ETFs have drawn about $59.7 billion in cumulative net inflows. Schwab clients already hold about 20% of U.S. spot crypto exchange-traded products, while Morgan Stanley’s E*Trade crypto plan targets a first-half 2026 launch via Zerohash.