One of the largest financial players in the U.S., Charles Schwab, with client assets of approximately $12 trillion, has announced plans to implement spot trading for Bitcoin and Ethereum in the first half of 2026. The new service will be available through the Charles Schwab Premier Bank division and will allow clients to buy and sell leading cryptocurrencies directly on the company’s platform.
This is reported by Business • Media
The company has already opened a waiting list for the Schwab Crypto product, which will enable users to consolidate digital asset transactions, stocks, and bonds within a single account.
Integration of Digital Assets into a Traditional Brokerage Platform
The company is actively expanding the range of digital financial opportunities for its clients by combining traditional and modern tools. As noted by Charles Schwab, the decision to launch spot trading for cryptocurrencies was made in response to the growing client interest in digital assets.
“The giant with $11.9 trillion in assets is entering the cryptocurrency exchange market.”
As of 2025, Schwab managed assets totaling around $11.9 trillion, allowing the company to effectively compete with leading cryptocurrency exchanges. Experts believe that many investors will prefer trading digital assets in a familiar brokerage environment that provides greater trust and convenience.
Growing Role of Institutional Players in the Cryptocurrency Market
Until now, Charles Schwab has offered its clients tools for investing in crypto assets through ETFs, Bitcoin futures, and thematic index funds focused on the digital asset sector. The launch of spot trading will be a new step in the development of the company’s digital direction.
Analysts emphasize that the emergence of large financial institutions in the field of direct cryptocurrency trading indicates further institutionalization of this market.