**Charles Schwab to Launch Direct (Spot) Crypto Trading in 12 Months**
🔹 **Key Points:**
- **Charles Schwab**, a prominent US brokerage firm, plans to launch **spot** crypto trading services within the next 12 months.
- This move signifies **the acceptance of digital assets by traditional financial institutions** and could encourage broader crypto adoption.
- Currently, Schwab only offers indirect exposure through **crypto ETFs and futures**.
🔹 **Potential Impact:**
- With **36 million clients**, Schwab's entry into the crypto market could enhance **institutional capital inflow**.
- Schwab's CEO, **Rick Wurster**, stated that the launch depends on **changing regulatory environments** that are more supportive.
- Analysts view this as a **significant moment**, similar to Goldman Sachs' entry into crypto in 2018.
🔹 **Bitcoin Price Development:**
- **Current BTC:** **$96,520.87** (📈 +2.22% in 24 hours, +15.39% in 30 days).
- **BTC Market Capitalization:** $1.92 trillion (dominance 63.60%).
- 24-hour trading volume: **$30.68 billion**.
🔹 **Coincu's Perspective:**
- Schwab's entry could trigger **new financial instruments and strategic partnerships**.
- Developments in **regulation and technology** will be key to the successful adoption of crypto by institutions.
📌 **Conclusion:**
Schwab's presence in the spot crypto market could be a **major catalyst** for institutional adoption and market liquidity. Keep an eye on regulatory developments and BTC prices! 🚀
