Morgan Stanley Ranks 86th in Trading Volume as it Plans to Enter Spot Cryptocurrency Market

Generated by AI AgentAinvest Market Brief
Thursday, May 1, 2025 8:00 pm ET1min read
MS--

On May 1, 2025, Morgan StanleyMS-- (MS) saw a trading volume of $904 million, ranking 86th in the day's stock market activity. The stock price increased by 1.16%.

Morgan Stanley is reportedly planning to introduce spot cryptocurrency trading on its E*Trade platform. This move is part of the bank's ongoing discussions and strategic planning, with executives considering the addition of this service as early as 2026. The bank is exploring partnerships with established crypto firms to facilitate the integration of cryptocurrency trading on its platform. This initiative comes at a time when regulatory attitudes towards cryptocurrencies have shifted, with the Trump administration adopting a more lenient stance on crypto enforcement. The potential addition of crypto trading to E*Trade could position Morgan Stanley as a major player in the digital asset market, potentially increasing competition for other trading platforms.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet