[Morgan Stanley's E*Trade Pilots Cryptocurrency Trading Service with Lower Fees Than Major Competitors] According to Bloomberg, Morgan Stanley is piloting cryptocurrency trading services on its E*Trade platform, charging a fee of 50 basis points per transaction based on the transaction amount, which is lower than major competitors such as Coinbase, Robinhood, and Charles Schwab. E*Trade's approximately 8.6 million customers are expected to gain access to this feature within the year. The report highlights that Morgan Stanley has been actively expanding in the crypto space over the past year, having launched the lowest-fee Bitcoin ETF, planning to introduce Ether and Solana ETFs, and applying for a national trust bank license to provide digital asset custody services. Additionally, it will support institutional clients in trading tokenized stocks in the future.