Charles Schwab has confirmed that it will soon offer direct (spot) trading of Bitcoin and Ethereum on its platform:

🏦 What has Schwab announced?

• Its CEO, Rick Wurster, stated in recent interviews (CNBC, CryptoSlate, among others) that clients will be able to buy and sell Bitcoin and Ethereum “sometime soon”.
• The goal is to allow users to consolidate all their investments—stocks, bonds, cash, and cryptocurrencies—in one place ().
• This functionality will complement the crypto ETPs Schwab already offers (exchange-traded funds backed by Bitcoin and Ether), but will now include custody and direct trading of the coins.

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🧭 When will it be available?

• Schwab has not specified specific dates yet. They talk about "soon" or "in the next 12 months."
• They have already started talks with banks and are working on their own "stablecoins," although this will be after the launch of Bitcoin and Ethereum.

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🧩 Why are they doing this?

1. High demand from clients who want to have 1-2% of their portfolio in cryptocurrencies within Schwab, rather than on external exchanges.
2. Direct competition with companies like Coinbase, Fidelity, and Robinhood, which already offer crypto trading.
3. They are betting that cryptocurrencies will be a major growth driver in their future business.

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✅ What you should know?

• If you are already a Schwab client, you will simply have to wait for the launch; you do not need to open new accounts.
• They are expected to continue with the same security and custody applied to stocks and bonds
• Stablecoins will be incorporated later, and possibly more altcoins, although BTC and ETH will come first

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📌 Quick Summary

Question	Answer
Will there be direct Bitcoin and Ethereum trading at Schwab?	Yes, it's confirmed.
When will it be available?	There's no specific date, just "soon" (within the next 12 months).
Do I need to open new accounts?	No, it will be within your current account.
How does this fit into your strategy?	They compete with Coinbase/Fidelity and seek to retain all assets.

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In short: yes, Schwab will launch direct trading of Bitcoin and Ethereum soon, within its main platform, without the need to open external accounts or wallets. This will allow you to manage all your assets—traditional and crypto—from a single dashboard.