ETrade will allow clients to trade Bitcoin, Ether, and Solana starting in the first half of 2026, marking Morgan Stanley's entry into the cryptocurrency market through a partnership with Zerohash. This development comes amid a growing trend on Wall Street to embrace digital assets following supportive legislation from the Trump administration. ETrade, which was acquired by Morgan Stanley in 2020, has over 5.2 million users and is primarily known for trading regulated financial securities. Zerohash, the infrastructure provider, recently raised $104 million and is set to build a comprehensive wallet solution for ETrade clients. Meanwhile, Morgan Stanley has already been active in the crypto space by enabling its wealth advisers to pitch spot Bitcoin ETFs to eligible clients. As institutional interest in Bitcoin and other cryptocurrencies grows, the bank aligns with recent regulatory efforts to establish stablecoin legislation, reflecting its commitment to exploring opportunities in digital currencies.

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