Overview
- CEO Rick Wurster told the Reuters Next conference that Schwab will begin offering spot Bitcoin and Ethereum trading in the first half of 2026.
- The rollout will start with internal employee testing, then a small invited client group before broader availability.
- Fees remain undisclosed, and analysts say pricing below 50 basis points could pressure incumbent crypto exchanges.
- Schwab is open to acquisitions, including crypto-related targets, though management says no talks are underway.
- The move follows a $660 million deal for Forge Global and comes alongside improving trading volumes and an autumn earnings beat.