Schwab plans spot crypto trading launch in first half of 2026, starting with BTC, ETH
Summary
Charles Schwab, a major financial services firm with nearly $12 trillion in client assets, is preparing to offer direct spot trading of cryptocurrencies, beginning with Bitcoin (BTC) and Ether (ETH) in the first half of 2026. The company has initiated a waitlist for clients interested in early access to a “Schwab Crypto” account, which will be facilitated through Charles Schwab Premier Bank, SSB. This move follows CEO Rick Wurster’s announcement last July regarding Schwab’s intention to introduce crypto trading to meet client demand and integrate digital assets into a unified investment platform. Schwab’s substantial client base and existing crypto-related investment products, such as ETFs and Bitcoin futures, position it to compete effectively in the crypto market. The firm already offers the Schwab Crypto Thematic Index (STCE) ETF.
(Source:CoinDesk)