Charles Schwab Plots Crypto On-Ramp – Spot Trading Launch Set for 2026

Wall Street’s dad jeans are finally rolling up their sleeves. Charles Schwab—the 401(k) gatekeeper for Main Street America—confirms spot crypto trading goes live next year. No more Bitcoin ETFs as proxies; clients get direct exposure.

The move smacks of FOMO after BlackRock and Fidelity ate their lunch. But hey, better late than never—assuming the SEC doesn’t suddenly remember it hates innovation. Schwab’s play? Capture boomer portfolios before Coinbase does.

One question lingers: Will they still charge $6.95 per trade like it’s 1999?

Charles Schwab, one of the world’s largest asset managers with $7.13 trillion under management, is preparing to launch spot crypto trading within the next 12 months. This move signals growing mainstream adoption of digital assets by traditional financial institutions. By entering the crypto space, Schwab aims to meet rising investor demand for easier access to cryptocurrencies. The rollout is expected to make crypto trading more accessible to everyday users through Schwab’s trusted platform. More details are expected in the coming months.