CEO Rick Wurster confirmed that the firm intends to introduce spot trading for Bitcoin and Ethereum within the coming year.

While specific dates and details remain undisclosed, this move signals a notable shift for the financial giant as it deepens its involvement in digital assets.

Wurster, who took the helm at Schwab in late 2024, had previously indicated that expanding crypto-related services would be a key part of the company’s strategy going forward.

This latest announcement aligns with that vision, and positions Schwab alongside other major asset managers entering the crypto space.

As institutional demand grows and regulatory clarity improves, Schwab’s entry into spot trading could mark a major milestone for broader adoption of Bitcoin and Ethereum among traditional investors.

The post Charles Schwab Plans to Launch Bitcoin and Ethereum Spot Trading appeared first on Coindoo.

---

Filed under: Bitcoin - @ July 18, 2025 5:30 pm