THE APEX TIMES
Morgan Stanley Adds Bitcoin, Ethereum and Solana Trading to E*Trade Through Zero Hash
Eligible customers can now buy, sell and hold three major cryptocurrencies via Morgan Stanley’s E*Trade platform, using Zero Hash as the underlying crypto enablement layer.
Morgan Stanley has expanded its brokerage offering for retail clients by adding trading in Bitcoin, Ethereum and Solana on E*Trade, according to a report citing details of the rollout. The change means eligible customers can now place orders to buy, sell and hold those specific crypto assets within the same brokerage environment they use for traditional investments.
The cryptocurrencies included in the initial access are Bitcoin, Ethereum and Solana. The reporting indicates that the offering is limited to “eligible customers,” but it does not outline what eligibility criteria are used, how eligibility is determined, or whether geography, account type, or other constraints apply.
The brokerage access is described as being powered through Zero Hash. Zero Hash is positioned in the announcement as the enablement partner for the crypto capability, sitting between the brokerage interface and the crypto infrastructure needed to support custody, settlement, and related operational requirements, though the publication did not provide a deeper technical breakdown.
Morgan Stanley’s move comes as large brokerages and fintech platforms continue to test how to bring digital assets into mainstream account structures. For brokerages, the main challenge is less about order entry and more about the operational and regulatory complexity around crypto custody, pricing, and execution, all of which differ from equities and exchange-traded funds.
E*Trade already serves as a retail brokerage channel for Morgan Stanley customers. Adding crypto trading there changes the experience for clients who want exposure to cryptocurrencies without using a dedicated digital-asset exchange, even if they still face the familiar risks of volatility and the distinct settlement and holding considerations that apply to crypto assets.
The company did not, in the posted reporting, disclose fees associated with the new crypto trades, minimum order sizes, trading hours, transfer rules (for example, whether clients can move crypto off-platform), or the detailed custody model for how assets are held on behalf of customers. It also did not specify when the full rollout will reach all eligible clients or whether customers will see the crypto assets immediately in their existing account menus.
What to watch next is whether Morgan Stanley and its E*Trade platform expand beyond the three assets named in the initial launch, publish more granular disclosures about pricing and custody arrangements, and clarify how clients can manage crypto positions over time, including any restrictions that may apply to buying, selling, or holding.
Any reader should also note that the report characterizes the access as available to eligible customers rather than universally across E*Trade accounts. Until Morgan Stanley and E*Trade publish full product terms, disclosures, and FAQs on their own platforms, details on scope and mechanics may remain incomplete.
Why It Matters
- Brokerage access to widely followed cryptocurrencies increases competition for both digital-asset exchanges and other broker platforms offering crypto exposure.
- Adding crypto to an existing retail brokerage interface can lower friction for clients seeking crypto exposure alongside traditional holdings.
- Using an enablement partner such as Zero Hash underscores that large brokerages often rely on specialized infrastructure to manage custody and operational requirements.
- How transparent Morgan Stanley and E*Trade are on fees, custody terms, and off-platform transfer rules could shape customer trust and adoption.
Key Facts
- Morgan Stanley said eligible customers can trade Bitcoin, Ethereum and Solana on E*Trade.
- The offering allows customers to buy, sell and hold the three cryptocurrencies within the brokerage platform.
- The crypto trading capability is described as being enabled through Zero Hash.
- The report does not specify the criteria used to determine which E*Trade customers are eligible.
- No pricing, fee schedule, or transfer/custody mechanics were detailed in the cited reporting.
Finance Related
Buffett’s Valuation Warning, and Berkshire’s Continued Stock Buying
A fresh market discussion highlights the tension between Warren Buffett’s repeated caution about rich stock prices and Berkshire Hathaway’s ongoing willingness to add to positions.
BlackRock joins a $500 billion push to finance high-end AI compute, indicating a new capital-markets front
As AI spending shifts from chips to sustained compute supply, BlackRock is aligning with Nvidia and other financiers to back infrastructure financing platforms aimed at topping $500 billion.
BlackRock earnings update reignites debate over whether BLK is undervalued
New third-quarter figures from BlackRock, including revenue of $7,752 million and net income of $1,659 million, are giving investors fresh material for valuation arguments even as the market weighs what “earnings strength” means for future profitability.
Berkshire Hathaway Buys More Bending Spoons Shares, Lifting Its Stake to 4%
Berkshire agreed to purchase 10 million newly issued Bending Spoons shares at $33 each on Oct. 14, a move reported to have pushed the company’s holding to about 4% and boosted BSP shares sharply.
BlackRock CEO Larry Fink Warns U.S. Debt Concern Could Ease If AI Lifts Growth
In comments reported by Yahoo Finance, Fink said $40 trillion in U.S. national debt would be less consequential if artificial intelligence investment supports 3% or higher GDP growth.
Ondo’s tokenized Treasury fund USDY edges past BlackRock’s BUIDL in size, but ONDO token drops as market weighs risk
Ondo Finance said its tokenized US dollar yield product, the Ondo US Dollar Yield token (USDY), has surpassed BlackRock’s BUIDL in size. Even as the on-chain product gains scale, the ONDO cryptocurrency has reportedly fallen over the past week.
Berkshire Hathaway’s post-Buffett question: can its “capital allocation machine” still beat the market?
A recent market recap put Berkshire Hathaway’s Class B shares at a 10.56% gain over the prior six months, trailing broad benchmarks that several billionaire-tracking and index measures reported at roughly mid-teens to low-20% levels as of mid-October.
BlackRock Bitcoin ETF sees a $165 million weekly decline, reigniting questions about crypto ETF momentum
A sharp one-week drop tied to BlackRock’s bitcoin exchange-traded product has some market watchers wondering whether enthusiasm is fading after a recent price rally. The bigger story may be the usual churn of crypto markets rather than a lasting retrenchment.
Berkshire Hathaway’s Greg Abel is reported to lead a major investment in app developer Bending Spoons
A market report cited by Yahoo Finance says Berkshire Hathaway CEO Greg Abel is spearheading a “huge” investment in Bending Spoons, underscoring Berkshire’s continued interest in technology-driven consumer platforms.
U.S. Officials Press China on Market Access, With Mastercard and Citigroup Named in Focus
A new market report says U.S. officials raised concerns about market access issues affecting Mastercard’s card-network business and Citigroup’s operations in China, as investors weigh geopolitical risk against payments spending and banking growth prospects.