Morgan Stanley is planning to introduce cryptocurrency trading on its ETrade platform by targeting a 2026 launch. The bank is in the early stages of exploring partnerships with crypto-native firms to develop the necessary infrastructure for spot trading of major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). This initiative represents a significant expansion of Morgan Stanley's current crypto offerings, which primarily include ETFs, options, and futures contracts for affluent clients. The increased interest in cryptocurrencies among U.S. banks has been partly driven by regulatory rollbacks following Donald Trump's return to office, creating a favorable climate for such initiatives. If successful, this move could intensify competition with established crypto exchanges like Coinbase and Kraken. Other financial institutions, such as Charles Schwab, are also exploring options to enter the cryptocurrency market in response to shifts in the regulatory landscape.

Source đź”—