Breaking: Charles Schwab Jumps Into Crypto—Bitcoin & Ethereum Trading Goes Live
Wall Street's old guard just got a blockchain facelift. Charles Schwab—the $8 trillion asset manager once synonymous with boomer 401(k)s—is flipping the script with native BTC and ETH trading.
Why now? After years of watching crypto eat their lunch, traditional finance finally wants a seat at the table. Schwab's move signals institutional FOMO is alive and well—even if they're fashionably late to the party.
Expect fireworks. This isn't some half-baked custody solution. We're talking direct trading access for Schwab's 34 million clients. The same folks who thought Bitcoin was a fad in 2017 are now scrambling to onboard their golf buddies.
Cynical take? Classic 'buy high' strategy from the suits. They ignored crypto at $3K BTC, dismissed it at $30K, and now can't resist at $60K. But hey—better late than never for the dinosaur portfolios.
