Charles Schwab will launch Schwab Bitcoin Ethereum trading in Q2 2026, offering direct spot access to crypto for its 38.9 million active brokerage clients through Schwab Crypto. CEO Rick Wurster confirmed the timeline and stated the company is ready to compete in spot Bitcoin and Ethereum trading. Schwab plans to follow the launch with a stablecoin product once the GENIUS Act is in effect. The move represents a significant competitive threat to existing crypto exchanges due to Schwab’s scale and distribution advantage.

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