Morgan Stanley is bringing Bitcoin, Ethereum, and Solana trading to E*Trade clients soon.

One of the world’s largest wealth management firms, Morgan Stanley, is all set to introduce cryptocurrency trading on its E*Trade platform, which it acquired for $13 billion six years ago.

It aims to compete on lower costs.

Morgan Stanley Joins Crypto Trading Space

The bank plans to charge 50 basis points per transaction based on dollar value, as it positions itself below rivals such as Coinbase and Robinhood. The rate is also below the 75 basis points charged by Charles Schwab, which rolled out spot Bitcoin and Ethereum trading earlier in April.

Morgan Stanley’s latest service…