Schwab Preps Spot Bitcoin and Ether Trading
The post Schwab Preps Spot Bitcoin and Ether Trading appeared on BitcoinEthereumNews.com.
Charles Schwab has confirmed it remains on track to launch direct spot trading for Bitcoin and Ether in the first half of 2026, opening one of the largest pools of investor capital in the world to direct crypto access for the first time. Summary Schwab confirmed a spot Bitcoin and Ether trading launch in H1 2026 through its Charles Schwab Premier Bank unit The firm manages nearly $12.2 trillion in client assets across approximately 46 million brokerage accounts and has opened a waitlist for early access CEO Rick Wurster first signaled the move in mid-2025 and confirmed a phased Q2 rollout in March 2026 remarks to Barron’s A Schwab spokesperson confirmed to multiple outlets: “We remain on track to launch our spot crypto offer in the first half of 2026, starting with bitcoin and ether.” The service, branded as “Schwab Crypto,” will be operated through Charles Schwab Premier Bank, SSB — a regulated banking subsidiary. Clients will trade Bitcoin and Ether directly within their standard brokerage accounts, without a separate wallet or third-party exchange. Schwab will process orders internally. The rollout will be phased: internal employee testing first, followed by invited clients, before full public availability. Early access is currently limited to U.S. residents, excluding New York and Louisiana. Yahoo Finance reports that Bitcoin was trading near $66,864 at the time of the announcement, down approximately 47% from its all-time high of $126,080. Ether changed hands near $2,052, roughly 59% below its August 2025 peak. TradFi Moves In Schwab has been working toward this moment for several years, citing regulatory uncertainty as the primary obstacle. With the Trump administration rolling back SEC accounting restrictions and the Federal Reserve loosening bank crypto guidelines, the path cleared. Schwab reported a 400% increase in traffic to its crypto site in 2025, with 70%…
Filed under: News - @ April 4, 2026 8:16 am