Morgan Stanley launches spot crypto trading on E*Trade, charging a 50-basis-point fee as it expands digital asset services.

Morgan Stanley is adding crypto trading to E*Trade, with a pilot now underway and a broader rollout planned for the platform's 8.6 million customers later this year. The bank is reportedly undercutting rivals with a 50-basis-point trading fee as it bets traditional finance and DeFi will converge. ...