Overview

• Beginning Oct. 15, advisors can offer crypto fund exposure to any client in any account type, including retirement accounts.
• Access was previously confined to aggressive-risk investors with at least $1.5 million in assets and only in taxable brokerage accounts.
• The firm will deploy automated monitoring to prevent concentrated positions, aligning with a model that suggests initial allocations up to 4% based on client goals.
• For now, advisors may recommend only BlackRock and Fidelity Bitcoin ETFs, though clients can request other listed crypto exchange-traded products.
• Separately, Morgan Stanley is preparing E-Trade support for direct trading of bitcoin, ether and solana via a Zerohash partnership as a next phase.