Morgan Stanley is expanding access to cryptocurrency investments for all clients, effective October 15, allowing them in various account types, including retirement accounts. Previously limited to high-net-worth clients, this change reflects the bank's ongoing adaptation to the evolving crypto landscape and the U.S. government's shifting stance on digital assets. Advisors will still be restricted to recommending specific bitcoin funds from BlackRock and Fidelity while monitoring client exposure to crypto investments.

Coinbase Global reported a profit of $1.4 billion in the second quarter, a significant increase from $36 million the previous year, largely due to gains from its investment in Circle Internet Group. However, the company's revenue fell short of Wall Street expectations, leading to a 6% drop in its stock during after-hours trading.

BitMine Immersion Technologies has increased its ether holdings by 179,251 tokens, bringing its total to over 2.83 million, making it the largest ether treasury firm. The company's total cash and crypto reserves are now valued at $13.4 billion, as it aims to control 5% of ether's supply while benefiting from the rising crypto market. Chairman Thomas Lee expressed confidence in the future potential of ether, viewing it as a key asset for the firm's treasury.