news 
Schwab to Launch Spot Crypto Trading by 2026, Boosting Bitcoin and Ethereum Access
Schwab, a leading financial services company, has announced its plan to launch spot crypto trading by 2026. This significant move is expected to expand the accessibility of cryptocurrencies like Bitcoin and Ethereum.
The announcement was made during Schwab’s 2025 Spring Business Update, where CEO Rick Wurster emphasized that the company is on track to achieve this goal within the next year. The entry into the spot market marks a substantial shift in how major financial institutions approach digital assets. Currently, Schwab enables access to crypto through ETFs, closed-end funds, and futures.
The decision comes as a response to client demand and a strategic move by the company to maintain its position as a top destination for both retail and institutional crypto investors. The development is also attributed to the growing interest in Schwab’s existing crypto offerings, including ETFs and Bitcoin futures.
Recently, the CEO highlighted the increased interest in Schwab’s crypto offerings, pointing out that there was a 400% surge in traffic to their crypto site, with 70% of this increase coming from non-clients. This significant spike in traffic indicates that investors who were previously hesitant to venture into the crypto space are now more open to exploring it.
Schwab’s move is not surprising given the growing importance and mainstream adoption of cryptocurrencies like Bitcoin and Ethereum. The company expects its new offering will further solidify its position as a trusted financial brand, allowing clients to directly buy and sell these digital assets.
Notably, Schwab’s entry into the spot market will put it alongside other major players in the space, including Coinbase, Binance, Kraken, and Gemini. These exchanges already provide popular spot crypto trading services for both retail and institutional users, offering deep liquidity, a wide range of trading pairs, and advanced tools.
In related news, Bitcoin has bounced back, rising 0.61% on Saturday to reach $85,033, staying above this mark for the first time in a week. The price boost is attributed to recent supply-demand shifts and ongoing global trade tensions and economic uncertainty.
The development comes as no surprise given the growing importance of cryptocurrencies like Bitcoin and Ethereum in today’s financial landscape. As more institutions like Schwab begin to offer these services, it will be interesting to see how this plays out for investors and the wider crypto community.
Source: https://coinpedia.org/news/schwab-to-launch-spot-crypto-trading-by-2026-boosting-bitcoin-and-ethereum-access/
