Charles Schwab to Introduce Spot Trading for Bitcoin and Ethereum by Mid-2026
- Charles Schwab plans to launch spot trading for Bitcoin and Ethereum in the first half of 2026.
- The rollout will begin with internal trials followed by a limited pilot program for select clients.
- CEO Rick Wurster indicated that Schwab is open to mergers and acquisitions in the crypto space if conditions are favorable.
- Concerns have been raised regarding pricing, with analysts suggesting fees below 50 basis points could impact crypto exchanges.
- Last month, Schwab announced its acquisition of Forge Global for $660 million to enhance trading options for clients.
The introduction of spot trading aims to meet growing investor demand while ensuring competitive pricing in the market. Additionally, Schwab’s recent acquisition aligns with its strategy to expand client offerings beyond public markets.
With plans for staged access starting with employee testing, Schwab is positioning itself strategically within the cryptocurrency landscape as it prepares for a significant launch in early-2026.(Source)
