coin-img-ETHETH-0.32%coin-img-BTCBTC-0.10%coin-img-SOLSOL+1.64%coin-img-XAUTXAUT-0.39%coin-img-PAXGPAXG-0.38%coin-img-BASEDBASED-18.34%coin-img-CDDCDD-30.58%coin-img-XRPXRP+0.01%coin-img-ETHETH-0.32%coin-img-BTCBTC-0.10%coin-img-SOLSOL+1.64%coin-img-XAUTXAUT-0.39%coin-img-PAXGPAXG-0.38%coin-img-BASEDBASED-18.34%coin-img-CDDCDD-30.58%coin-img-XRPXRP+0.01%coin-img-ETHETH-0.32%coin-img-BTCBTC-0.10%coin-img-SOLSOL+1.64%coin-img-XAUTXAUT-0.39%coin-img-PAXGPAXG-0.38%coin-img-BASEDBASED-18.34%coin-img-CDDCDD-30.58%coin-img-XRPXRP+0.01%coin-img-ETHETH-0.32%coin-img-BTCBTC-0.10%coin-img-SOLSOL+1.64%coin-img-XAUTXAUT-0.39%coin-img-PAXGPAXG-0.38%coin-img-BASEDBASED-18.34%coin-img-CDDCDD-30.58%coin-img-XRPXRP+0.01%

Crypto: $12T Charles Schwab seen launching spot Bitcoin and Ethereum trading this quarter

Charles Schwab is expected to roll out spot Bitcoin (BTC) and Ethereum (ETH) trading this quarter, extending direct crypto access to its roughly $12 trillion client base. CEO Rick Wurster said the broader timeline runs through the first half of 2026, with a phased launch that begins with employee testing before widening to select customers. Bloomberg analyst Eric Balchunas noted that if Schwab prices the service below 50 basis points, it could intensify fee pressure on crypto exchanges, given the firm already offers zero-commission stock and ETF trading. Schwab clients currently account for about 20% of all U.S. crypto ETP holdings. The move would place Schwab alongside Fidelity, Robinhood and Morgan Stanley's E*Trade as traditional and retail platforms expand into mainstream crypto trading. Schwab is also evaluating a stablecoin and has signaled it remains open to crypto-related acquisitions.
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BTC-0.11%
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ETH-0.34%
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