"In an interview with CNBC, CEO Rick Wurster said that visits to Schwab's crypto platform have increased by 90% year-over-year, signaling strong investor appetite for Bitcoin ETFs, Bitcoin futures, and other crypto exchange-traded products. Schwab clients now hold roughly 20% of all crypto ETPs in the U.S. Wurster emphasized that the company is responding to this demand by providing a wide array of crypto investment options and educational resources, combining digital access with traditional client support through calls and branch offices."
"Charles Schwab will also offer spot Bitcoin trading in the first half of 2026. CEO Rick Wurster shared the news during Schwab's third-quarter earnings call, where the company reported $134.4 billion in net new assets, marking a 48% year-over-year increase. Earlier this year, the firm announced plans to offer Bitcoin and Ethereum trading, driven by client demand, noting many wanted to consolidate their crypto holdings with Schwab."
Visits to Charles Schwab's crypto platform increased 90% year-over-year, reflecting strong retail investor interest in Bitcoin ETFs, Bitcoin futures, and other crypto ETPs. Schwab clients now hold roughly 20% of all U.S. crypto ETPs. The firm plans to offer spot Bitcoin trading in the first half of 2026 and earlier announced intentions to offer Bitcoin and Ethereum trading to meet client demand for consolidation. Schwab reported $134.4 billion in net new assets and $11.59 trillion in total client assets, while combining advanced trading platforms, educational resources, and traditional branch and call support to serve diverse investor needs.
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