Charles Schwab, a leading financial services firm managing nearly $12 trillion in client assets, is set to introduce spot cryptocurrency trading in the first half of 2026. The company will initially focus on bitcoin and ether, expanding its offerings in the digital asset space.
A spokesperson confirmed the plans, stating, “We remain on track to launch our spot crypto offer in the first half of 2026, starting with bitcoin and ether.” Clients interested in early access can join a waitlist for the new “Schwab Crypto” account, which will enable them to buy and sell these major cryptocurrencies through Charles Schwab Premier Bank, SSB.
This initiative aligns with comments made by CEO Rick Wurster last July, who indicated that the company was responding to client demand for cryptocurrency trading. Wurster emphasized the goal of integrating digital assets into a unified investment platform, allowing clients to view cryptocurrencies alongside traditional stocks and bonds.
Schwab’s extensive client base may provide a competitive advantage in a market that has been primarily dominated by specialized cryptocurrency exchanges. The firm reported $11.9 trillion in client assets for 2025, which includes a mix of retail and institutional investors who may prefer trading cryptocurrencies in a familiar brokerage setting.
Currently, Schwab offers clients the option to invest in cryptocurrency-linked ETFs and trade bitcoin futures. Additionally, the company has launched the Schwab Crypto Thematic Index (STCE), an ETF designed to track the performance of companies involved in the digital asset sector.
Charles Schwab plans to launch spot cryptocurrency trading in 2026, starting with bitcoin and ether. This move aims to integrate digital assets into its existing investment platform, leveraging its vast client base.