The increasing interest from traditional financial institutions in cryptocurrency trading is becoming evident, with Morgan Stanley reportedly planning to add crypto trading to its E*Trade platform. Industry expert CK Zheng predicts that the market could grow significantly over the next decade, emphasizing the importance of portfolio diversification. Moreover, Charles Schwab plans to offer spot bitcoin and ether trading within the next year, contingent upon regulatory clarity. This move aligns with a noticeable uptick in client interest toward digital assets, evidenced by a 400% increase in traffic to crypto resources on Schwab's website. Other institutions, like Wells Fargo, are also exploring digital asset trading, having allowed unsolicited spot bitcoin ETF purchases for select clients. Overall, the potential for commoditized spot crypto trading on Wall Street promises to enhance competition and accessibility, offering investors a simpler and less costly means to trade cryptocurrencies directly.

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