Morgan Stanley Embraces Crypto Shift, Adds Spot Trading to E*Trade
Morgan Stanley plans to launch direct crypto trading on its ETrade platform, allowing users to buy and sell digital assets like bitcoin and ether.
This move follows a major shift in U.S. crypto policy under the Trump administration. Which rolled back key regulations and introduced a national Bitcoin reserve and digital asset stockpile. With regulators easing restrictions and enforcement actions being reversed, traditional finance is reentering the crypto space.
If finalized, ETrade’s new offering would mark one of the largest spot crypto retail plays by a major U.S. bank. Challenging existing crypto exchanges directly.
Clever Robot News Desk 2nd May 2025
