Breaking: Charles Schwab Joins the Crypto Revolution with Bitcoin & Ethereum Trading
Wall Street's old guard just blinked—and crypto wins again.
Charles Schwab, the $8 trillion asset management titan, is finally surrendering to the inevitable: Bitcoin and Ethereum trading is coming to its platform. No more pretending blockchain is a passing fad while secretly buying OTC.
Why This Matters
When traditional finance dinosaurs start offering crypto, it's not adoption—it's capitulation. Schwab's move legitimizes what retail investors knew years ago: digital assets aren't going anywhere. Even if the suits still don't understand the tech.
The Fine Print
Expect the usual corporate hedging—'highly volatile assets,' 'for sophisticated investors only' disclaimers. But make no mistake: this is about retaining clients who'd otherwise flee to Coinbase. A 1.5% custody fee probably coming soon.
The Bottom Line
Another brick in the wall for crypto's march toward mainstream finance. Now if only they'd stop calling it 'alternative' investing when it's outperformed their precious S&P for a decade.
