Morgan Stanley, Zerohash to Launch Crypto Trading for ETrade Clients

Morgan Stanley MS has collaborated with Zerohash, a cryptocurrency infrastructure provider, enabling E*TRADE clients to trade in popular cryptocurrencies starting in the first half of 2026. This was first reported by Jed Finn, head of wealth management at Morgan Stanley, in an interview with Bloomberg.Morgan Stanley will initially offer trading in Bitcoin, Ethereum and Solana. Finn described the launch as “phase one,” adding that the firm plans to develop a comprehensive wallet solution for clients as the next step.Morgan Stanley’s Future Plans for CryptosMorgan Stanley is preparing to launch an asset-allocation strategy that includes cryptocurrencies, with portfolio weights ranging from zero to a few percentage points depending on client objectives. It is also exploring broader applications of tokenization, such as streamlining settlement and clearing in back-office operations.Finn stated, “The underlying technology has been proven and blockchain-based infrastructure is obviously here to stay. Clients should have access to digitized assets, traditional assets and cryptocurrencies, all in the same ecosystem that they’re used to.”Finn added that for big wealth-management firms, “sitting between the client and this emerging tradfi-defi divide, and simplifying the user experience” is a “massive opportunity.”The initiative is expected to boost Morgan Stanley’s revenues through trading spreads, advisory fees on crypto allocations and future services like custody and tokenization, while helping retain clients who might otherwise turn to platforms such as Robinhood HOOD or Charles Schwab SCHW.Robinhood, which offers trading in a broad range of cryptocurrencies, generated significant revenues from its crypto business last year. In June 2025, Robinhood expanded its offerings by launching staking for eligible U.S. investors, starting with Ethereum and Solana. Schwab currently provides exchange-traded funds tied to Bitcoin and Ether. Schwab also plans to introduce spot cryptocurrency trading by next year.Morgan Stanley’s Zacks Rank & Price PerformanceOver the past six months, Morgan Stanley’s shares have gained 28.4%, compared with the industry’s 26.1% growth.Image Source: Zacks Investment ResearchCurrently, Morgan Stanley carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access the Report Free Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Morgan Stanley (MS): Free Stock Analysis Report The Charles Schwab Corporation (SCHW): Free Stock Analysis Report Robinhood Markets, Inc. (HOOD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks