Charles Schwab has activated direct Bitcoin and Ethereum trading for roughly 40 million brokerage accounts, charging a 0.75% fee per trade, with execution handled by Paxos and custody provided by Schwab Premier Bank. The launch follows earlier indirect crypto offerings such as futures, options, and exchange-traded products, and fulfills a previously stated plan to introduce spot trading for the two largest tokens in the first half of 2026. Clients in 48 U.S. states can now buy and sell crypto alongside stocks and bonds on existing platforms, potentially deepening engagement and consolidating more investment activity within Schwab’s ecosystem over time.
This update represents a notable development in the Crypto sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.