Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    Trump Jr. wants to ‘make finance great again’ with new DeFi project

    August 24, 2024

    Paxos Report: Is Blockchain The Next Step For Global Remittances?

    August 26, 2023

    Exploring The Relationship Between Crypto, Casinos, And Technology

    May 17, 2023
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto

      July 18, 2025

      Bitcoin May Freeze Satoshi’s Wallet Over Quantum Threat

      July 16, 2025

      Bitcoin under pressure as Satoshi-era whale sells: Will BTC drop to $108K?

      July 15, 2025

      BlackRock’s Bitcoin ETF Blows Past $80,000,000,000, Faster Than Any Other Exchange-Traded Fund in History: Bloomberg Analyst

      July 14, 2025

      Will Pi crash or rally in 2025?

      July 11, 2025
    • Technology

      Windtree Becomes First NASDAQ Firm to Add BNB to Its Balance Sheet

      July 18, 2025

      What is AI16Z – AMBCrypto

      July 17, 2025

      Bonk gains 15% to lead memecoins as altcoins eye rally

      July 16, 2025

      Comment on Trump Firing Powell Would Set ‘Very Bad Precedent,’ Warns Pompliano by Powell's Replacement? Fed Chair Succession Process Underway

      July 15, 2025

      Hungary Bans Unlicensed Crypto Platforms: Revolut and Bitstamp Suspend Services

      July 14, 2025
    • Learn/Guide

      $10.7 trillion Charles Schwab to launch spot Bitcoin, Ether trading, eyes stablecoin market entry

      July 18, 2025

      Russia’s largest bank Sberbank to roll out Bitcoin, crypto custody services to catch up with global banks

      July 17, 2025

      Trump Media files trademarks for Truth Social AI and AI Search

      July 16, 2025

      DOJ and CFTC drop investigations into Polymarket

      July 15, 2025

      FUNToken Isn’t Just Trending – It’s Consolidating Power in Telegram, One User at a Time

      July 14, 2025
    • NFTs

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025

      Daizen: Elevating the NFT Multiverse on Apechain Blockchain | NFT CULTURE | NFT News | Web3 Culture

      December 5, 2024
    • Regulation

      SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally

      May 30, 2025

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      March 31, 2025

      Utah Moves Closer To Bitcoin Reserve As Bill Advances To Senate Standing Committee

      February 23, 2025

      Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation

      January 26, 2025

      MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report

      January 25, 2025
    • Business

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024

      Brazil Prepares to Let Tradfi Institutions Embrace Crypto

      November 13, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » $10 trillion Charles Schwab plans to launch spot crypto trading in next 12 months, says CEO
    Learn/Guide

    $10 trillion Charles Schwab plans to launch spot crypto trading in next 12 months, says CEO

    April 20, 20253 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    $10 trillion Charles Schwab plans to launch spot crypto trading in next 12 months, says CEO
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Key Takeaways

    • Charles Schwab plans to launch direct spot crypto trading within 12 months.
    • The firm has observed a 400% increase in traffic to its crypto-focused web content.

    Share this article







    Charles Schwab, a top US brokerage firm with over $10 trillion under management, plans to roll out spot crypto trading within the next 12 months, said CEO Rick Wurster during the company’s 2025 Spring Business Update this week.

    Wurster added that Schwab is well on track to offer spot crypto trading and expects to introduce it once the US regulatory environment becomes favorable.

    “Our expectation is that with the changing regulatory environment, we are hopeful and likely to be able to launch direct spot crypto and our goal is to do that in the next 12 months and we’re on a great path to be able to do that,” said Wurster when asked about Schwab’s update on their plans for the digital asset market.

    Wurster reaffirmed Schwab’s plans, which he first shared in a Bloomberg Radio interview last November. At the time, the newly appointed CEO also noted the company’s readiness to enter the market in anticipation of regulatory changes under Trump’s second term.

    Schwab currently provides crypto-linked ETFs and crypto futures. Adding spot crypto to its product lineup could enhance its competitive position against other brokers like Robinhood and Webull.

    Schwab’s entry into spot trading is also expected to increase accessibility, liquidity, and legitimacy for crypto investors on its platform.

    The leading financial services firm is already seeing strong engagement with existing crypto investment products.

    “We’re seeing robust engagement with the existing crypto ETFs that can be bought in the marketplace, the closed-end funds that we make available on our platform, and Bitcoin futures, which are also available on our platform,” Wurster said yesterday.

    The company has observed increased interest from potential new customers, with its crypto-focused web content attracting 400% more traffic recently. Wurster noted that 70% of these visitors were prospects rather than existing clients.

    “As people in the industry are thinking about crypto, they’d love to work with a trusted brand and a firm that can bring them a lot of capabilities and we’re that firm,” Wurster said.

    Earlier this year, Charles Schwab inked a partnership with Trump Media and Technology Group (TMTG) to launch a financial services and fintech brand called Truth.Fi.

    The new division is aimed at offering a range of investment products, including ETFs, separately managed accounts (SMAs), Bitcoin, and other crypto or crypto-related securities. Schwab will provide asset custody and advise on Truth.Fi’s investments and strategy.

    The partnership includes an approved investment of up to $250 million to be custodied by Schwab, focusing on American growth, manufacturing, energy companies, and investments that support the “Patriot Economy.”

    The expansion into financial services is positioned as a natural extension of Trump Media’s ecosystem, which began with the Truth Social platform, and aims to provide American patriots with investment options outside of mainstream financial institutions.

    Share this article









    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    $10.7 trillion Charles Schwab to launch spot Bitcoin, Ether trading, eyes stablecoin market entry

    July 18, 2025

    Russia’s largest bank Sberbank to roll out Bitcoin, crypto custody services to catch up with global banks

    July 17, 2025

    Trump Media files trademarks for Truth Social AI and AI Search

    July 16, 2025

    DOJ and CFTC drop investigations into Polymarket

    July 15, 2025
    Top Posts

    For those who missed PEPE’s rally, this penny crypto offers a new opportunity

    February 4, 2025

    Long Consolidation Period Looming for Crypto As Markets Have Already Used Up All the Juice, Says Analyst

    January 9, 2024

    Bitcoin Ordinals continues to garner attention in the NFT space 1

    March 5, 2024

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    GENIUS Act Passes House with 308 Votes, Could Redefine Stablecoins and Supercharge U.S. Crypto

    July 18, 2025

    Bitcoin May Freeze Satoshi’s Wallet Over Quantum Threat

    July 16, 2025

    Bitcoin under pressure as Satoshi-era whale sells: Will BTC drop to $108K?

    July 15, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.