Charles Schwab to Launch Direct Bitcoin and Ether Trading
- Charles Schwab will offer direct Bitcoin and Ether trading for its clients.
- The brokerage manages over $12 trillion for more than 46 million customers.
- CEO Rick Wurster confirmed customer interest in direct crypto holdings despite available ETF options.
- The service will not be available in New York or Louisiana at launch.
Charles Schwab’s new offering of direct cryptocurrency trading reflects ongoing institutional interest in digital assets, even as the market remains subdued. The move highlights a significant demand for direct crypto holdings among customers.
With over $12 trillion under management, Schwab’s entry into direct crypto trading underscores the growing importance of digital assets in investment portfolios. (Source)
