Morgan Stanley eyes crypto rollout for E*Trade platform: Bloomberg

Banking giant Morgan Stanley reportedly plans to list cryptocurrencies on its E*Trade investment brokerage and trading platform.

According to a May 1 Bloombergreport, the firm intends to list crypto assets on E*Trade in 2026. The plan is still in early development, and the bank is said to be exploring partnerships with established crypto firms to power the service. Internal discussions about cryptocurrency support reportedly began in late 2024.

This would not be Morgan Stanley’s first exposure to digital assets. The bank’s wealthiest clients have had access to crypto exchange-traded funds (ETFs) and futures for some time, with the firm’s advisersallowed to pitch Bitcoin ETFs since August 2024.

Related:Morgan Stanley to explore crypto offerings for clients — CEO

Regulatory tailwinds push crypto forward

The news follows previous reports that Morgan Stanley was considering adding cryptocurrency trading to itsE*Trade online brokerage platform in early January. The reports at the time cited the expectations of a friendlier crypto regulatory environment.

The move comes amid an increasingly favorable regulatory environment in the United States following the election of President Donald Trump, who campaigned on a pro-crypto platform and is personally involved in several blockchain ventures.

Morgan Stanley did not respond to Cointelegraph’s inquiry by publication.

Related:Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings

The first 30 days of the Trump administrationbrought significant changes to the local crypto industry. More recently, US crypto proponentshave shown optimismfollowing theswearing-in of pro-cryptoSecurities and Exchange Commission Chair Paul Atkins.

The SEC had significantly changed its stance even before Atkins took office. In late February, the agency had alreadypaused multiple cryptocurrency enforcement caseswith imminent deadlines.

Trump’s own involvement with the crypto industry, paired with his pro-crypto stance, has raised concerns over potential conflicts of interest. Massachusetts Senator Elizabeth Warren recently called on government officials to address questions related toTrump’s memecoin and his media company.

Senator Jon Ossoff recentlyexpressed support for impeaching Trumpover his meeting of the top holders of his Trump Official (TRUMP) memecoin. He said that “he is granting audiences to people who buy his memecoin,” adding:

Magazine:ZK-proofs are bringing smart contracts to Bitcoin — BitcoinOS and Starknet

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