Wu Shuo has learned that Morgan Stanley’s investment and trading platform, E\*TRADE, has announced the completion of the launch of digital asset spot trading. Eligible customers can buy, sell, and hold Bitcoin, Ethereum, and Solana through the platform. The service was jointly introduced with digital asset infrastructure provider zerohash. The trading price is 50 basis points (bps). The digital asset transfer feature is expected to go live later this year.

MS-4.45%
BTC-1.22%
ETH-2.74%
SOL-1.92%
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MEVCollector
· 10h ago
The moves by Wall Street giants are getting more and more concrete; E*TRADE taking this step is like opening a crypto account entry point for mainstream white-collar workers. Next, it remains to be seen whether the transfer function can seamlessly integrate with their banking systems.
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GateUser-de0b9e3b
· 10h ago
It’s pretty surprising that they’re also including SOL in spot trading, which suggests their recognition of the Solana ecosystem is increasing. If the transfer function goes live by the end of the year, it should spark another small bull market.
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TvlTeaTime
· 10h ago
A 50 bps fee rate is expensive if applied outside the circle, but the endorsement from Morgan Stanley justifies this premium. The key is that it makes it easier for retail investors to enter and exit.
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