Bitcoin rose to $97,300 on Thursday, drawing closer to reclaiming the $100K threshold. Morgan Stanley is reportedly planning to offer crypto trading to E*Trade clients. Charles Schwab CEO Rick Wurster stated that the company is seeking to add crypto trading once regulations are sorted.

Morgan Stanley is working on a plan to add cryptocurrency trading to its E*Trade platform, in what would be the most significant move by a major US bank to help everyday customers buy into the asset class since the Trump administration began removing regulatory barriers.

Morgan Stanley plans to add crypto trading to E-Trade in 2024 to help retail investors access digital assets amid regulatory shifts.