Charles Schwab, America’s largest brokerage with nearly $12 trillion in client assets, has confirmed it will launch direct spot trading for Bitcoin and Ethereum in the coming weeks.
The new “Schwab Crypto” product (offered through Charles Schwab Premier Bank) will allow clients to buy and sell BTC and ETH directly on the platform, competing directly with Robinhood and other retail brokers. A waitlist is already open for early access.
This marks a major milestone: one of the most traditional and regulated brokers in the US is now bringing native crypto trading to its 46 million customers, further bridging Wall Street and crypto.
