{"id":920688,"date":"2026-07-18T02:14:26","date_gmt":"2026-07-18T07:14:26","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/18\/morgan-stanley-completes-etrade-crypto-rollout-with-50-basis-point-fees-heres-what-clients-get\/"},"modified":"2026-07-18T02:14:26","modified_gmt":"2026-07-18T07:14:26","slug":"morgan-stanley-completes-etrade-crypto-rollout-with-50-basis-point-fees-heres-what-clients-get","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/18\/morgan-stanley-completes-etrade-crypto-rollout-with-50-basis-point-fees-heres-what-clients-get\/","title":{"rendered":"Morgan Stanley Completes E*Trade Crypto Rollout With 50 Basis Point Fees: Here\u2019s What Clients Get"},"content":{"rendered":"<p>Bitcoins <\/p>\n<p><strong>Morgan Stanley\u2019s E*Trade finished rolling out spot bitcoin, ether and solana trading to U.S. clients on July 16, undercutting rivals with a 50-basis-point fee as Wall Street\u2019s crypto race accelerates.<\/strong><\/p>\n<div>\n<div>\n<h2>Bitcoins <span>Key Takeaways<\/span><\/h2>\n<ul>\n<li><span>E*Trade now offers spot BTC, ETH and SOL trading 24\/7, with Zerohash handling custody and settlement.<\/span><\/li>\n<li><span>Morgan Stanley\u2019s 50-basis-point fee undercuts Coinbase and Robinhood rates of up to 95 basis points.<\/span><\/li>\n<li><span>Crypto transfers on and off E*Trade are expected later in 2026 as the bank deepens its digital asset push.<\/span><\/li>\n<\/ul>\n<\/div>\n<h2>Bitcoins What\u2019s on Offer<\/h2>\n<p>The completed rollout means eligible E*Trade clients can buy, sell and hold the three largest non- <span>stablecoin<\/span> digital assets inside the same interface they use for stocks and exchange-traded funds (ETFs), with trading available around the clock on the platform\u2019s web and mobile apps. It is direct spot exposure and not a fund wrapper or futures product. Matt Jones, Head of E*Trade, explained:<\/p>\n<blockquote>\n<p>\u201cOur clients\u2019 needs are evolving, and they want to invest, trade, bank, and plan for the future all in one place.\u201d<\/p>\n<\/blockquote>\n<figure id=\"attachment_831821\" aria-describedby=\"caption-attachment-831821\"><img title=\"bitcoins\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/07\/morgan-stanley-completes-etrade-crypto-rollout-with-50-basis-point-fees_nwmk.jpg\" alt=\"bitcoins Morgan Stanley information regarding its new rollout.\" width=\"830\" height=\"774\"  ><figcaption id=\"caption-attachment-831821\">Image source: X<\/figcaption><\/figure>\n<p>Behind the scenes, Zerohash, a business-to-business <span>crypto<\/span> infrastructure firm, handles <span>liquidity<\/span>, execution, custody and settlement, holding the digital assets in accounts linked to clients\u2019 brokerage accounts. The ability to transfer <span>crypto<\/span> on and off the platform is expected to arrive later in 2026.<\/p>\n<h2>Bitcoins A Fee Shot at Coinbase and Robinhood<\/h2>\n<p>Morgan Stanley is charging 50 basis points per transaction, i.e. $5 for every $1,000 traded. That pricing undercuts retail incumbents, which charge up to <a href=\"http:\/\/news.bitcoin.com\/morgan-stanley-enters-the-crypto-trading-war-with-aggressive-50-basis-point-fees\/\">60 and 95<\/a> basis points on the dollar at Coinbase and Robinhood, respectively. The bank began with a pilot for a small portion of customers earlier this year before Thursday\u2019s full availability. Chad Turner, Head of Morgan Stanley Wealth Management Platforms, stated:<\/p>\n<blockquote>\n<p>With the rollout of <span>crypto<\/span> trading on E*TRADE we\u2019re advancing our digital assets strategy and bringing new capabilities to clients in an integrated way.<\/p>\n<\/blockquote>\n<p>The move was <a href=\"http:\/\/news.bitcoin.com\/morgan-stanley-to-bring-spot-crypto-trading-to-etrade-amid-us-crypto-policy-shift\/\">first unveiled<\/a> in September 2025, when the bank said it was working with Zerohash to bring <span>bitcoin<\/span>, ether and <span>solana<\/span> trading to E*Trade in the first half of 2026 (a timeline it has now met).<\/p>\n<h2>Bitcoins Morgan Stanley\u2019s Widening Crypto Stack<\/h2>\n<p>The E*Trade launch is one piece of a broader digital asset buildout. Morgan Stanley filed for spot <span>bitcoin<\/span> and <span>solana<\/span> ETFs in January 2026, and has since updated its ether and <span>solana<\/span> ETF applications, <a href=\"http:\/\/news.bitcoin.com\/morgan-stanley-ether-solana-etf-coinbase-custody\/\">naming Coinbase<\/a> as custodian and <span>staking<\/span> facilitator. The bank has also applied for a <a href=\"http:\/\/news.bitcoin.com\/morgan-stanley-seeks-occ-trust-charter-for-crypto-custody-arm\/\">national trust charter<\/a> from the Office of the Comptroller of the Currency (OCC), seeking a federally regulated subsidiary focused on digital asset custody.<\/p>\n<p>The rollout lands in a soft tape, with <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> trading near $63,000 on July 17, down about 2% in 24 hours. Still, the timing gives one of Wall Street\u2019s largest wealth managers a retail <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> funnel ahead of a possible federal market structure law, as the Senate weighs the CLARITY Act.<\/p>\n<p>With E*Trade\u2019s millions of retail accounts now one toggle away from spot <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>, Morgan Stanley\u2019s <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> strategy looks increasingly operational rather than exploratory.<\/p>\n<\/p><\/div>\n<p> Shiraz Jagati <a href=\"https:\/\/news.bitcoin.com\/morgan-stanley-etrade-crypto-rollout-complete\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Morgan Stanley\u2019s E*Trade finished rolling out spot bitcoin, ether and solana trading to U.S. clients on July 16, undercutting rivals with a 50-basis-point fee as Wall Street\u2019s crypto race accelerates. Key Takeaways E*Trade now offers spot BTC, ETH and SOL trading 24\/7, with Zerohash handling custody and settlement. Morgan Stanley\u2019s 50-basis-point fee undercuts Coinbase and<\/p>\n","protected":false},"author":1,"featured_media":920689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[115,32],"tags":[11476],"class_list":["post-920688","post","type-post","status-publish","format-standard","has-post-thumbnail","category-morgan","category-stanley","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/920688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=920688"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/920688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/920689"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=920688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=920688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=920688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}