Does Schwab Trade Crypto: Latest Updates and What to Expect

Does Schwab trade crypto? This question is increasingly relevant as traditional financial giants move toward digital assets. As of June 2024, Schwab does not yet offer direct spot crypto trading, but recent announcements signal a major shift is on the horizon. In this article, you'll learn about Schwab’s crypto roadmap, the regulatory landscape, and how these changes could impact your trading options—plus why platforms like Bitget remain essential for crypto enthusiasts.

Schwab’s Crypto Trading Plans: What Has Changed?

As of June 2024, Schwab has not enabled spot crypto trading for its clients. However, according to a statement from CEO Rick Wurster on November 5, 2025, Schwab plans to launch direct, in-platform trading for Bitcoin and Ethereum in the first half of 2026 (Source: Coin Edition, Nov. 5, 2025). This move will allow millions of Schwab brokerage customers to buy and hold the two largest digital assets within a familiar, regulated environment.

This announcement follows new guidance from U.S. regulators—the OCC and FDIC—issued in early 2025. These updates allow national and FDIC-supervised banks to offer crypto custody, trading, and stablecoin services without prior approval, provided they meet risk management standards. This regulatory clarity has paved the way for Schwab and other institutions to build their own crypto trading infrastructure.

Why Is Schwab Entering the Crypto Market Now?

Schwab’s decision to offer crypto trading is driven by growing client demand and the mainstream acceptance of digital assets. With $11.6 trillion in client assets, Schwab’s entry into the crypto space is a significant signal to the broader financial industry. Analysts note that this move reflects institutional confidence in the long-term value and utility of cryptocurrencies like Bitcoin and Ethereum.

Market observers expect Schwab’s upcoming launch to accelerate the adoption of crypto trading within regulated financial services. The timeline—first half of 2026—marks one of the largest institutional rollouts of direct crypto access to date. This shift is part of a broader trend, as more banks and brokerages integrate blockchain-based tools into their offerings.

What Does This Mean for Crypto Traders and Investors?

For now, Schwab clients interested in crypto must use third-party platforms or invest in crypto-related ETFs and trusts. Direct spot trading of Bitcoin and Ethereum on Schwab will only become available in 2026. Until then, platforms like Bitget remain a top choice for secure, user-friendly crypto trading and investment.

Bitget offers a wide range of digital assets, advanced trading tools, and robust security features, making it ideal for both beginners and experienced traders. For those seeking to manage their crypto holdings independently, Bitget Wallet provides a secure and convenient solution for storing and transferring digital assets.

Key Considerations and Common Misconceptions

It’s important to note that Schwab’s upcoming crypto services will initially focus on spot trading for Bitcoin and Ethereum only. Other cryptocurrencies may not be supported at launch. Additionally, while regulatory clarity has improved, all crypto investments carry risks, including price volatility and potential security threats.

Many users mistakenly believe that all major brokerages already offer crypto trading. In reality, most traditional platforms are only now beginning to integrate direct crypto services, often starting with limited asset selections and gradual rollouts. Staying informed about these developments is crucial for making sound investment decisions.

Looking Ahead: How to Stay Prepared

As Schwab prepares to enter the crypto trading market, investors should monitor official announcements for updates on launch dates, supported assets, and platform features. In the meantime, Bitget continues to provide a comprehensive suite of crypto trading and wallet solutions, ensuring you have access to the latest digital asset opportunities.

Ready to explore the world of crypto? Discover more about Bitget’s secure trading platform and wallet services today to stay ahead in the evolving digital asset landscape.