Morgan Stanley Planning to Add Crypto Trading to E*Trade Platform, Report Says
Key Takeaways
- Morgan Stanley executives are looking into adding spot cryptocurrency trading to its E*Trade platform sometime next year, Bloomberg reported Thursday.
- Bitcoin hit its highest price since late February following the report.
- The report comes as regulators under the Trump administration have shifted to a softer stance on crypto enforcement.
Banking giant Morgan Stanley (MS) is looking to bring cryptocurrency trading to clients through its E*Trade platform, according to a report Thursday.
Citing people familiar with the matter, Bloomberg reported that discussions are ongoing within the bank about adding spot cryptocurrency trading. Executives are looking at introducing the service sometime in 2026, it said.
The report…