Charles Schwab May Introduce Spot Bitcoin Trading to Integrate Crypto with Traditional Assets

Key Points

1. Charles Schwab aims to offer spot Bitcoin and Ethereum trading through exchange-traded products (ETPs), allowing clients to manage all investments under one roof.

2. Schwab intends to compete with leading crypto exchanges like Coinbase by providing a trusted platform for spot trading.

3. A March 2025 study revealed that 83% of institutional investors are interested in cryptocurrencies like XRP and Solana, aligning with Schwab's strategy.

4. Schwab's crypto initiatives benefit from a supportive regulatory environment, including SEC-approved Bitcoin and Ether ETFs on its platform.

5. By bringing spot trading in-house, Schwab addresses client demand for direct ownership and trading within a trusted framework, potentially enhancing client retention.