Overview

• Advisors can pitch crypto funds to any client, removing prior limits requiring $1.5 million in assets, aggressive risk tolerance, and taxable brokerage accounts.
• Access initially confines recommendations to BlackRock and Fidelity Bitcoin ETFs, with other products under review.
• Automated monitoring will curb overconcentration, and Morgan Stanley’s model suggests initial allocations up to roughly 4% based on client goals.
• Clients may hold crypto funds in any account type, including IRAs and 401(k)s, with guidance to rebalance periodically.
• The expansion follows a more permissive U.S. regulatory environment and complements an E*Trade buildout with Zerohash for trading Bitcoin, Ethereum, and Solana.