Overview
- E*Trade clients will gain access to Bitcoin, Ethereum and Solana spot trading in the first half of 2026, according to the bank.
- Zerohash will handle liquidity, custody and settlement, with Morgan Stanley also taking a stake in the infrastructure firm.
- Zerohash disclosed a $104 million raise led by Interactive Brokers that values the company at $1 billion, with Morgan Stanley participating.
- Morgan Stanley describes the launch as phase one as it builds wallet custody and prepares crypto-inclusive asset-allocation guidance with small suggested weights.
- The move positions E*Trade against Robinhood’s direct token trading and rivals offering ETF exposure, supported by a more permissive U.S. regulatory backdrop.