Key HighlightsE*TRADE now offers direct cryptocurrency trading to qualified customers for Bitcoin, Ethereum, and SolanaEach transaction incurs a 50 basis point charge, processed via connected Zero Hash accountsThe service expansion comes after a trial phase that started in May 2026Digital asset holdings lack FDIC or SIPC insurance coverageMorgan Stanley continues advancing its Ether and Solana ETF applicationsMorgan Stanley’s E*TRADE platform has successfully launched spot cryptocurrency trading capabilities for qualified retail customers. The brokerage now enables users to purchase, sell, and store Bitcoin, Ethereum, and Solana through its interface.JUST IN: Morgan Stanley completes crypto spot trading rollout on E*TradeAll 8.6 million clients can now buy, sell, and hold Bitcoin, Ethereum, and Solana at 50 basis points in partnership with zerohash, per Morgan Stanley. pic.twitter.com/46UBQba0jA— Coin Bureau (@coinbureau) July 16, 2026The offering operates via a collaboration with Zero Hash, a digital asset infrastructure company. Customer crypto holdings reside in connected Zero Hash accounts, maintaining separation from their conventional brokerage portfolios.E*TRADE applies a 50 basis point transaction fee for each crypto trade. The platform currently serves 8.6 million household accounts and managed approximately $1.56 trillion in customer assets as of March 31, 2026.Customers can monitor both their cryptocurrency positions and traditional investment portfolios within a unified platform interface. Withdrawal and deposit features, enabling customers to transfer digital assets to and from the platform, are scheduled for release later this year.The cryptocurrency accounts operate without FDIC or SIPC insurance protections. Morgan Stanley explicitly highlighted this limitation in its official statement.The platform-wide launch follows a testing period initiated in May 2026, during which the company evaluated the service with a select customer group. All qualifying E*TRADE customers now have access to the feature.E*TRADE additionally announced that crypto operations are planned to transition to Morgan Stanley Digital Trust, its national trust banking entity currently undergoing establishment procedures with the Office of the Comptroller of the Currency.Morgan Stanley’s Comprehensive Cryptocurrency StrategyThis platform addition represents one component of Morgan Stanley’s expansive digital asset initiative. Earlier in the year, the financial institution introduced a spot Bitcoin ETF featuring a 0.14% management fee, establishing it as the most cost-effective Bitcoin ETF available in the US market upon release.The Bitcoin ETF commenced trading on NYSE Arca, marking the inaugural spot Bitcoin ETF from a leading US commercial banking institution. The fund captured over $100 million in net capital inflows during its initial six trading sessions. Current data from SoSoValue indicates the fund has accumulated roughly $385 million in total net inflows.In April, Morgan Stanley introduced a stablecoin reserve product. This service permits stablecoin providers to maintain their backing assets in one of the firm’s money market fund vehicles while generating yield.During June, Morgan Stanley updated its regulatory filings for proposed spot Ether and Solana ETFs, establishing management fees at 0.14%. The banking institution initially submitted applications to list these investment products in January 2026.The company has applied for a cryptocurrency-focused national trust bank charter through the OCC, joining other industry applicants such as Ripple, Crypto.com, and Coinbase. Circle, which issues USDC, recently secured OCC authorization to establish its own national crypto banking institution.Morgan Stanley has also implemented non-cryptocurrency enhancements to ETRADE, incorporating fractional share trading capabilities, an upgraded retirement planning interface, and additional functionality for its Power ETRADE Pro desktop trading platform.The integration of retail spot trading access, ETF investment vehicles, and stablecoin reserve services represents one of the most comprehensive cryptocurrency infrastructure developments from a major US banking institution to date.The post E*TRADE Introduces Crypto Trading for Bitcoin, Ethereum, and Solana — What You Need to Know appeared first on Blockonomi.