Overview

• Morgan Stanley is planning to introduce spot cryptocurrency trading on its E*Trade platform, targeting a 2026 launch, according to reports.
• The bank is reportedly considering partnerships with established crypto firms to develop the infrastructure needed for the platform.
• Internal discussions gained momentum following regulatory rollbacks under President Trump, which have eased restrictions on crypto services.
• This initiative could intensify competition between traditional financial institutions and crypto-native exchanges like Coinbase and Kraken.
• Bitcoin prices surged to their highest levels since late February following reports of Morgan Stanley's potential entry into retail crypto trading.