Morgan Stanley is set to introduce cryptocurrency trading services on its E*Trade platform, aiming to undercut competitors with lower fees. The Wall Street bank plans to charge a fee of 50 basis points on the dollar value of each crypto transaction, which is lower than the fees charged by Coinbase, Robinhood, and Charles Schwab. Currently in the pilot phase, the service is expected to be available to E*Trade's 8.6 million customers later this year.