Charles Schwab Targets 2026 Launch for Spot Crypto Trading

• The company has started a waiting list for customers who want to be among the first to utilize its “Schwab Crypto” account.
• This follows remarks made by CEO Rick Wurster in July, when he said that Schwab intended to implement cryptocurrency trading “sometime soon.”

Charles Schwab, a behemoth in the brokerage industry, intends to expand its reach into digital assets by introducing spot cryptocurrency trading in the first half of 2026. A representative from the business confirmed that the debut of the spot crypto offer, which will begin with bitcoin (BTC) and ether (ETH), is still scheduled to take place in the first half of 2026.

The company has started a waiting list for customers who want to be among the first to utilize its “Schwab Crypto” account, which will provide customers access to trade the two most popular cryptocurrencies. The service will be provided by the corporation via Charles Schwab Premier Bank, SSB.

In Response to Customer Demand

This follows remarks made by CEO Rick Wurster in July, when he said that Schwab intended to implement cryptocurrency trading “sometime soon” in response to customer demand. In an attempt to create a more streamlined investing platform, he presented the initiative as a means to include digital assets in the same account view as traditional assets like stocks and bonds.

When it joins a market that has been dominated by crypto-native exchanges for a long time, Schwab’s size might provide it an advantage. With an estimated $11.9 trillion in client assets in 2025, the business provides a ready pool of consumers and institutional investors who could be more comfortable trading cryptocurrencies within an established brokerage platform.

Clients will be able to purchase and sell the two biggest cryptocurrencies alongside their more conventional assets with the firm’s new Schwab Crypto account, for which a wait list has been formed. To take on more established cryptocurrency exchanges, Schwab is using its $11.9 trillion in customer assets.

Bitcoin futures trading and investment in exchange-traded funds (ETFs) connected to cryptocurrencies are already available to customers of the company. The firm recently debuted an exchange-traded fund (ETF) called the Schwab Crypto Thematic Index (STCE) that follows the performance of businesses associated with the cryptocurrency industry.

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