3h fa
Schwab eyes mid-2027 advisor crypto trading after reporting $12.61T client assets
Charles Schwab is targeting a mid-2027 launch to let financial advisors use its custody platform for spot crypto trading, transfers, and custody. The plan would extend its push beyond the retail Schwab Crypto rollout, which started with spot Bitcoin and Ethereum trading and charges a 75 basis point fee per trade. Schwab reported $12.61 trillion in total client assets as of April 30, 2026, with Schwab Advisor Services representing about $5.31 trillion.
BTC
BTC-4.41%
3h fa
5-30
Anchorage Digital: Bitcoin Covered-Call Yield Can Limit Upside During Sharp BTC Rallies
Anchorage Digital says systematic Bitcoin covered-call writing can create synthetic yield, but warns the same trade may materially cap returns when BTC enters fast bull-market runs. In simulations spanning October 2021 to April 2026, the firm analyzed more than 37,000 backtests and found performance improved when calls were sold only under specific trend and implied-volatility conditions.
ETH
ETH-5.65%
5-30
5-29
Arca CIO Jeff Dorman Says Strategy's Bitcoin-Focused Financing Is Riskier as Prefs Grow
Arca CIO Jeff Dorman said Strategy's Bitcoin-heavy balance sheet has moved into a riskier phase as preferred equity obligations and cash decisions collide with its BTC exposure. On May 28, he argued the firm's roughly $15 billion in preferreds and about $1.5 billion in annual dividends could create pressure to sell Bitcoin if markets weaken, even after a $2 billion cash raise. BTC was trading at $73,408 at press time.
ARCA
ARCA-1.26%
5-29