Merrill Edge Crypto and Bitcoin in 2026

Does Merrill Edge Offer Crypto?

With a Merrill Edge brokerage account, you can make certain investments that provide exposure to the growing cryptocurrency market. Although trading the coins themselves is not available, it is possible to trade securities and funds that are tied to digital assets.

Blockchain Equities

A quick and simple way to tap into the crypto trend is to buy a stock that is heavily involved with blockchain or crypto-related technology. One of the most common crypto-related businesses is the computer hardware used to mine Bitcoin and other digital currencies.

Mining is the electronic process of generating additional coins for a cryptocurrency. It requires a lot of powerful hardware, and that is where technology companies come into play.

One company that makes computer hardware often used by miners is AMD. Based in Santa Clara, California, its microchips are used by miners around the world.

AMD trades on the Nasdaq under its familiar ticker symbol. Merrill Edge’s website shows 4 stars out of 5 from CFRA and a rating of hold from the ResearchTeam Consensus Report. This last report is compiled from multiple analysts and includes the likes of MarketGrader and TheStreet.com.

Other stocks that produce mining hardware include TSM and NVDA, and both are available on the Merrill Edge platform.

Blockchain Funds

AMD has a beta of 2.18, which indicates a very high level of volatility. If that is too much for your liking, you could switch to blockchain funds. Because these baskets hold multiple stocks, they usually carry less volatility.

For example, the Innovation Shares NextGen Protocol ETF (ticker symbol KOIN) has a beta of just 1.05, less than half of AMD’s. KOIN is available at Merrill Edge with the same pricing schedule as other ETFs.

On Merrill Edge’s profile for KOIN, the fund shows a total return rating of 2 out of 5, a consistent return score of 1 out of 5, and a preservation rating of 3 out of 5. On Lipper’s scorecard, 5 is the highest rating.

If KOIN’s low ratings make you hesitate, there are other blockchain funds available at Merrill Edge.

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Cryptocurrencies at Robinhood

If Merrill Edge’s absence of direct cryptocurrency trading gives you pause, you could and buy and sell cryptocurrencies directly. Robinhood Financial and Robinhood Securities are regulated brokerage entities, while coin trading is offered through Robinhood Crypto. Cryptocurrencies at Robinhood are not SIPC insured. The brokerage house charges no annual fees and no commissions on its standard brokerage trades.

This would be direct cryptocurrency trading. You would be buying and selling the coins themselves.

merrill lynch bitcoin

Robinhood requires just $1 to make a purchase of a cryptocurrency. At Merrill Edge, you would need to buy a whole share (of a stock or ETF) or a whole contract (in the case of an option trade).

Robinhood offers trading in these currencies:

Aave (AAVE)
Aerodrome Finance (AERO)
Arbitrum (ARB)
Aster (ASTER)
Avalanche (AVAX)
Avantis (AVNT)
Bitcoin (BTC)
Bitcoin Cash (BCH)
BNB (BNB)
BONK (BONK)
Canton Coin (CC)
Cardano (ADA)
cat in a dogs world (MEW)
Chainlink (LINK)
Compound (COMP)
Curve DAO (CRV)
Dogecoin (DOGE)
Dogwifhat (WIF)
EigenCloud (EIGEN)
Ethena (ENA)
Ethereum (ETH)
Ethereum Classic (ETC)
Floki (FLOKI)
Hedera (HBAR)
Hyperliquid (HYPE)
Immutable (IMX)
LayerZero (ZRO)
Lido DAO (LDO)
Lighter (LIT)
Mantle (MNT)
Maple Finance (SYRUP)
Moo Deng (MOODENG)
NEAR Protocol (NEAR)
OFFICIAL TRUMP (TRUMP)
Ondo (ONDO)
Onyxcoin (XCN)
Optimism (OP)
Pax Gold (PAXG)
Peanut the Squirrel (PNUT)
Pepecoin (PEPE)
Plasma (XPL)
Polkadot (DOT)
Popcat (POPCAT)
Pudgy Penguins (PENGU)
Pyth Network (PYTH)
Quant (QNT)
Render (RENDER)
Seeker (SKR)
SEI (SEI)
Sky (SKY)
Solana (SOL)
SUI (SUI)
Stellar Lumens (XLM)
Synthetix (SNX)
Tezos (XTZ)
The Graph (GRT)
Toncoin (TON)
Uniswap (UNI)
USD Coin (USDC)
Virtuals Protocol (VIRTUAL)
World Liberty Financial (WLFI)
Wormhole (W)
XRP (XRP)
Zora (ZORA)

Robinhood Promotion

Options on Blockchain Securities at Merrill Lynch

Or you could choose to trade options on blockchain funds and stocks. On Merrill Edge’s profile for AMD, we found lots of contracts—thousands, in fact, for the nearest expiration date. These create an easy opportunity for short-term trades on AMD. Some contracts do go out to 2026, so it is also possible to make a mid-term play on the underlying security.

Grayscale on Merrill Edge

If the crypto stock and ETF ideas are not enough, there is also indirect Bitcoin exposure through crypto-related trusts and exchange-traded products. Grayscale Investments is one company that manages products tied to actual digital assets. Merrill clients now have access to certain crypto ETPs, including Grayscale Bitcoin products.

Grayscale products can be a useful way to get crypto exposure and Bitcoin exposure on Merrill Lynch without directly holding the coins yourself.

Can You Buy Crypto on Merrill Lynch?

As of right now, you cannot buy cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin on a Merrill Edge self-directed account.

How to Buy Crypto on Merrill Lynch?

The best way to invest in cryptocurrency on Merrill Lynch is through crypto-related stocks, funds, ETFs, and crypto ETPs. For direct crypto trading, it is better to use .

Updated on 4/22/2026.

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