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Morgan Stanley Takes on Crypto Trading

United States, Miami, USAFriday, May 8, 2026

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Morgan Stanley Dives into Crypto: Bitcoin, Ethereum & Solana Now on ETrade

A Major Move for Traditional Finance

Morgan Stanley has just flipped the switch on crypto trading, making Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) available to its 8.6 million customers via its ETrade platform. No need for a separate exchange—this integration brings digital assets directly into the hands of mainstream investors.

Lower Fees to Attract Traders

With a 50-basis-point fee per trade (0.5%), Morgan Stanley undercuts competitors who charge 60–95 basis points (0.6%–0.95%). The bank’s head of wealth management stated their mission: "to remove intermediaries that normally sit between traders and the market."

Powered by Zerohash

This isn’t a DIY project—the bank partnered with Zerohash, a crypto infrastructure provider, last September to make it happen. The goal? To lure traders away from platforms like Coinbase and Robinhood by offering a seamless, institutional-grade experience.

Grant Cardone’s $200M Bitcoin Bet

Meanwhile, real-estate mogul Grant Cardone revealed his bold crypto strategy: $200 million in Bitcoin, mixed with rental properties. His hybrid model? Use rental income to accumulate more Bitcoin over time, betting that real estate will act as a hedge if crypto crashes. Ambitious plans ahead—he aims for 10,000 BTC and a public company launch by 2026.

Government Steps In: The Clarity Act

The White House is pushing hard for the Clarity Act, a crypto regulation bill aiming for a July 4th deadline. The Senate could vote this month, followed by the House before Independence Day. While some lawmakers push for stricter rules, the administration insists it will apply evenly to all.

SpaceX Fuels AI Expansion with Memphis Data Center

In a less expected pairing, SpaceX’s new Memphis data center is now powering Claude, Anthropic’s large language model. The deal grants access to 300+ MW of power and 220,000 GPUs, a massive boost for AI computing. This follows Elon Musk’s testimony in an OpenAI lawsuit and meetings with Anthropic—could space-based AI be the next frontier?


Market Roundup: Winners & Losers

📉 Bitcoin (BTC) slipped 2%, dipping to ~$81,000. 📈 Altcoins SurgeVVV and TON lead gains, up 10%+. 🛢️ Oil Falls 1% while gold ticks up slightly.

24/7 Crypto Trading Arrives

Starting May 29, the CME Group will offer crypto futures and options around the clock, marking a historic shift for institutional traders.

Quantum Threat Looms Over Crypto

A new report warns that quantum computers could compromise crypto security by 2030, forcing the industry to adapt.

Tokenized Assets on the Rise

The U.S. now holds $8 billion in tokenized Treasury bonds on Ethereum, with Bitcoin and Ethereum ETFs gaining traction. New projects like OpenTrade and Hyperliquid aim to bring stablecoins into mainstream finance.


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