Financial services giant Charles Schwab, which manages nearly $12 trillion in client assets, is moving closer to offering direct cryptocurrency trading by planning to launch Bitcoin and Ethereum spot trading in the first half of 2026. The company is currently offering early access subscriptions to its upcoming Schwab Crypto account, marking a significant step in mainstream institutional crypto adoption.
This development represents another major traditional financial institution embracing cryptocurrency trading, following similar moves by other large brokerages. Schwab's entry into crypto trading could provide millions of retail investors with easier access to Bitcoin and Ethereum through their existing brokerage accounts.
