According to Bloomberg, Morgan Stanley launched spot cryptocurrency trading on its ETrade retail brokerage platform on Wednesday (May 6), charging clients 50 basis points on each transaction. The pilot is now live, with all 8.6 million ETrade clients expected to gain access later this year. Jed Finn, head of wealth management at Morgan Stanley, described the initiative as part of a broader strategy to expand crypto services for retail investors.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
OKX Launches Perpetual Futures for OpenAI, SpaceX, Anthropic
Crypto exchange OKX announced plans Wednesday to launch perpetual futures contracts tracking the valuations of OpenAI, SpaceX, and Anthropic, according to the firm's announcement. The derivatives will allow traders to speculate on private company valuations without delivering actual shares or
CryptoFrontier11m ago
Eric Trump Criticizes JPMorgan's Shift on Bitcoin After Previous Dismissal
Eric Trump, U.S. president's son and co-founder of American Bitcoin, commented on the turnaround from traditional institutional firms now embracing bitcoin. His remarks highlight a shift in stance from JPMorgan and similar institutions that previously dismissed the
GateNews27m ago
Uber Stock Rallies 7% on Strong Q1 Earnings Beat
Uber Technologies stock surged 7% to approximately $78.45 following the company's first-quarter earnings report that exceeded expectations across key financial metrics. The rally outpaced the broader tech sector, which gained under 2%, and the S&P 500, which rose slightly above 1%.
Q1 Earnings
CryptoFrontier1h ago
AMD Stock Jumps 15% on Q1 Revenue of $10.25B, Up 38% YoY
Advanced Micro Devices reported first-quarter revenue of $10.25 billion, up 38% year-over-year, beating analyst expectations on Wednesday. Adjusted earnings per share reached $1.37, above forecasts of $1.29, while net income surged to $1.38 billion. AMD shares climbed more than 15% during the
GateNews1h ago
Compass Point Maintains Neutral on Bullish at $36 Target
Compass Point reiterated a Neutral rating on Bullish with a $36 price target, according to the analyst note. The firm stated that much of the expected growth is already priced into the current valuation, though it acknowledged potential upside to the stock.
Analyst Perspective
Compass Point's
CryptoFrontier1h ago
TradFi Rise Alert: HUT (Hut 8 Mining Corp) Rises Over 34%
Gate News: According to the latest Gate TradFi data, HUT (Hut 8 Mining Corp) has surged by 34% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews2h ago
