Broker Wars: Schwab to Launch Spot Trading for BTC & ETH
Morning, Binance Square community! Big institutional news: Charles Schwab is gearing up to offer spot trading for Bitcoin and Ethereum, bringing digital assets side by side with stocks, bonds and funds on its platform.
Why it matters.
- Schwab’s total assets under management stand at $10.8 trillion
- Crypto exposure via ETPs is roughly $25 billion (about 20% market share)
- Regulatory clarity improves with the recent GENIUS Act approval
Direct spot access could turbocharge liquidity and institutional inflows for both coins. Imagine clients moving from BTC ETFs into actual Bitcoin, or flipping stablecoin holdings into ETH for DeFi exposure—all from Schwab’s unified dashboard.
Institutional demand is the secret sauce behind the next leg up. Will this push Bitcoin toward a fresh high beyond $120K? Or will Ethereum’s DeFi ecosystem steal the show with a breakout past $4K?
Join the conversation below. Are you bullish on Schwab’s game-changing move? Drop your thoughts and charts! 👇
