Charles Schwab Plans to Introduce Spot Bitcoin Trading by April 2026
Financial services giant Charles Schwab has announced its strategic roadmap to enter the spot Bitcoin trading market, with a targeted launch date set for April 2026. This move signifies the firm’s commitment to expanding its cryptocurrency offerings and catering to growing institutional and retail demand for digital asset exposure. The planned service will enable clients to trade Bitcoin directly through Schwab’s established brokerage platform, leveraging the company’s robust infrastructure and regulatory compliance framework. Industry analysts view this development as a significant milestone in traditional finance’s adoption of cryptocurrency markets, potentially influencing other major brokerages to follow suit. Schwab’s entry into spot Bitcoin trading is expected to bring enhanced liquidity, institutional-grade security, and mainstream credibility to the digital asset ecosystem.
New Schwab CEO Signals Strong Commitment to Expanding Crypto Services
Wurster, who took over as CEO in 2025, has consistently expressed interest in expanding Schwab’s digital asset offerings.
In a November 2024 interview with Yahoo Finance, he noted that the firm was eager to offer direct crypto services but was awaiting clearer regulatory guidance before moving forward.
Following Donald Trump’s re-election in late 2024, Wurster cited Optimism that the new administration would create a more favorable regulatory landscape for digital assets.
The shift could finally enable Schwab to roll out direct trading services, long requested by its client base.
In January 2025, Schwab deepened its crypto push by partnering with Trump Media and Technology Group (TMTG) to support the launch of “Truth.Fi,” a platform combining traditional financial services with cryptocurrency offerings.
Charles Schwab CEO: "I have not bought crypto, and now I feel silly."
“We will get into spot crypto”
Schwab managers +$9 TRILLION
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The initiative aims to present an alternative to legacy banking, catering to users concerned about financial censorship and data privacy.
TMTG CEO and White House advisor Devin Nunes described Truth.Fi as a solution for Americans worried about “debanking, censorship, and privacy violations” by mainstream tech and financial institutions.
While Wurster has admitted he personally does not own any crypto—saying he felt “silly” for not investing earlier—his leadership signals Schwab’s intent to play a larger role in the evolving digital finance ecosystem.
Public Companies Boost Bitcoin Holdings by 16% in Q1 2025
Publicly traded companies increased their Bitcoin holdings by 16.1% in the first quarter of 2025, signaling continued institutional interest in the leading cryptocurrency despite market volatility.
According to crypto asset manager Bitwise, total corporate Bitcoin holdings climbed to approximately 688,000 BTC by the end of Q1, with companies adding 95,431 BTC over the three-month period.
Bitwise reported the combined value of these holdings reached $56.7 billion, based on a Q1 closing price of $82,445 per Bitcoin—representing a 2.2% increase in value.
The number of public companies with Bitcoin on their balance sheets also rose, from 67 to 79, with 12 firms making their first Bitcoin purchases during the quarter.
The adoption of Bitcoin has also found momentum statewide in the U.S.
According to data from Bitcoin Law, 47 Bitcoin reserve bills have been introduced across 26 states, with 41 currently active.
Last week, Arizona’s Strategic Digital Assets Reserve Bill (SB 1373) passed the House Committee of the Whole and now awaits one final vote before heading to Governor Katie Hobbs for approval.
