Schwab Enters Crypto Market with Direct Bitcoin and Ethereum Trading

Charles Schwab has taken a step into digital assets by launching a waitlist for direct Bitcoin and Ethereum spot trading. The company will initially pilot this service for select clients, allowing it to test its infrastructure and user behavior in a controlled environment.

The move is seen as a response to growing demand from investors who prefer familiar brokerage environments over standalone crypto exchanges. By offering direct crypto investing through its platform, Schwab aims to simplify the process and provide a more secure experience for traditional investors entering the space.