{"id":90317,"date":"2026-05-06T19:01:33","date_gmt":"2026-05-06T19:01:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=90317"},"modified":"2026-05-06T19:01:33","modified_gmt":"2026-05-06T19:01:33","slug":"crypto-fee-war-ignites-on-wall-street-bitcoin-etfs-poised-to-gain-as-trading-costs-collapse","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=90317","title":{"rendered":"Crypto Fee War Ignites On Wall Street\u2014Bitcoin ETFs Poised To Gain As Trading Costs Collapse"},"content":{"rendered":"<div>\n<p>The entry of <strong>Morgan Stanley<\/strong> into direct crypto trading is doing more than shaving a few basis points off transaction costs. It is setting off a pricing war that could reshape how investors access digital assets, including <a href=\"https:\/\/www.benzinga.com\/etfs\">through ETFs<\/a>.<\/p>\n<p>The bank has rolled out crypto trading on its E*Trade platform at 50 basis points per transaction, undercutting rivals like <strong>Coinbase, Robinhood,<\/strong> and <strong>Charles Schwab<\/strong>, with plans to extend access to its 8.6 million clients later this year. That pricing edge, roughly half of some of the competitors&#8217; fees, signals the beginning of a broader &#8220;race to zero&#8221; in crypto trading, a pattern already familiar in equity markets.<\/p>\n<h2 class=\"wp-block-heading\">ETFs Could Be The Next Battlefield<\/h2>\n<p>For ETF investors, this is important. Lower trading costs on brokerage platforms reduce friction for retail investors, potentially accelerating flows into spot <strong>Bitcoin ETFs such as iShares Bitcoin Trust ETF<\/strong> <a class=\"ticker-link\" data-ticker=\"IBIT\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/IBIT\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/IBIT\">IBIT<\/a>) &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/etfs\/currency-etfs\/26\/05\/52339121\/crypto-fee-war-bitcoin-etfs-poised-to-gain-as-trading-costs-collapse?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Crypto\" fee war ignites on wall street etfs poised to gain as trading costs collapse>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The entry of Morgan Stanley into direct crypto trading is doing more than shaving a few basis points off transaction costs. It is setting off a pricing war that could reshape how investors access digital assets, including through ETFs. The bank has rolled out crypto trading on its E*Trade platform at 50 basis points per [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-90317","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/90317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90317"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/90317\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}