Key Highlights:
  • Morgan Stanley plans to launch a crypto wallet in late 2026

  • Bitcoin, Ether, and Solana trading will come to E-Trade

  • The bank also filed for its own crypto ETFs

Morgan Stanley is accelerating its push into crypto, with plans to launch a proprietary digital wallet and expand crypto trading across its platforms in 2026.

According to the firm’s wealth management leadership, Morgan Stanley will roll out bitcoin, ether, and solana trading on E-Trade in the first half of the year. A dedicated digital wallet is expected to follow in the second half of 2026.

The announcement comes shortly after the bank filed registration statements for its own BTC, ETH, and SOL exchange-traded funds, a move that surprised many ETF analysts.

Morgan Stanley’s shift reflects how quickly traditional finance has changed its stance on crypto. After U.S. spot bitcoin ETFs launched in early 2024, the bank described the moment as a turning point for global finance. Since then, bitcoin ETFs have grown to roughly $130 billion in assets, driven by strong institutional demand.

The firm has also expanded access for its clients. Initially limited to select investors, crypto exposure was later opened to all accounts, including retirement plans, following regulatory easing under President Donald Trump.

Behind the scenes, Morgan Stanley invested in crypto infrastructure provider Zerohash, enabling direct crypto trading on E-Trade. The bank says these pieces fit into a broader strategy to blend traditional finance with decentralized finance rather than compete with it.

Read the full article on theblock.