#USChinaTensions Schwab CEO Rick Wurster announced in the Spring 2025 Business Update that the company is preparing to offer direct spot crypto trading “in the next 12 months.” Schwab, which currently provides indirect access to crypto through ETFs and futures, will now offer its users the ability to directly buy and sell assets such as Bitcoin and Ethereum.

This development is of great importance, especially in terms of fresh capital flows and new investor interest in spot markets. According to the company’s data,