How Will E*Trade Handle Cryptocurrency Fees?

On April 26, Bloomberg reported an anonymous source familiar with the situation claiming that E*Trade, one of the more popular U.S.-based online trading platforms, was looking to integrate cryptocurrency into their client options.

The move would represent a substantial amount of adoption for the crypto markets, with E*Trade commanding 4.9 million brokerage accounts, according to the annual report filed with United States Securities & Exchange Commission (SEC) as of Dec. 31, 2018. E*Trade has assets totaling over $65 billion and a total margin balance of $9.6 billion, in addition to being one of the most recognizable trading platforms for the casual investor.

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