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As the Bitcoin and cryptocurrency markets continue to develop, the world's largest asset managers are getting involved one by one.
The latest news at this point came from Charles Schwab, which manages $10.1 trillion in customer assets and is among the largest banks in the world.
Accordingly, Charles Schwab announced that it will begin offering spot trading services for Bitcoin (BTC) and Ethereum (ETH).
According to BWE News, Charles Schwab CEO Rick Wurster said they will offer spot trading for Bitcoin and Ethereum within the next 12 months.
“We plan to add spot trading for Bitcoin and Ethereum to our platform.”
No timeline or details were provided regarding the commencement of BTC and ETH spot trading.
When Charles Schwab CEO took over as CEO at the end of 2024, he announced that the firm planned to expand its cryptocurrency services.
*This is not investment advice.