Morgan Stanley is expanding access to crypto investments for all clients, including retirement accounts, starting Oct. 15. This move follows the U.S. government’s shift on crypto under President Donald Trump. The firm has amassed $8.2 trillion in client assets and plans to offer trading of bitcoin, ether, and solana at E-Trade soon.

With eligibility requirements dropped, Morgan Stanley will monitor clients’ exposure to crypto to prevent over-concentration. The bank’s global investment committee recommends a maximum initial allocation of up to 4% in crypto, acknowledging it as a popular but speculative asset class. Advisors can currently pitch bitcoin funds from BlackRock and Fidelity, with potential for more offerings.

Read more at CNBC: Morgan Stanley drops crypto fund restrictions for wealth clients