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'Still So Early On This Journey': Morgan Stanley Launches Lower-Cost Crypto Trading
'Still So Early On This Journey': Morgan Stanley Launches Lower-Cost Crypto Trading
Just a week after Amy Oldenburg, Morgan Stanley’s head of digital assets, spent the better part of an hour making a case for bitcoin that few clients have heard in full (a gap she says is the industry’s most urgent problem), the bank announces the launch of crypto trading on E*Trade, charging 50bps in a pilot that undercuts rivals like Coinbase, Robinhood, and Charles Schwab.
CoinDesk reports that Morgan Stanley’s Head of Wealth Management, Jed Finn, said the initiative goes beyond...
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