Charles Schwab, managing nearly $12 trillion in assets, announced plans to launch spot Bitcoin and Ethereum trading via its banking subsidiary in the first half of 2026, starting with a limited Q2 rollout. This move, confirmed by CEO Rick Wurster and a company spokesperson, targets U.S. residents excluding New York and Louisiana. Schwab currently provides indirect exposure through ETFs and crypto-related equities, but direct spot trading represents a pivotal step for mainstream adoption. Bitcoin consolidates around $67,000 amid bearish signals, with dominance hitting 56.1% in late March 2026, the highest since April 2021. The announcement comes as spot Bitcoin ETFs saw $69.6 million inflows in early April 2026, suggesting continued institutional interest.
Charles Schwab Plans Spot Bitcoin and Ethereum Trading Launch in H1 2026
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Ad-hoc News
Sunday, April 5, 2026·5 min read·Bitcoin
#Schwab#institutional adoption#spot trading#regulation
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