Charles Schwab Spot Btc Eth

Charles Schwab said it has made “Schwab Crypto” available to the first wave of eligible retail clients starting Tuesday.
Charles Schwab reported $11.77 trillion in client assets at the end of March.

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Brokerage and banking firm Charles Schwab has officially rolled out its cryptocurrency trading platform, "Schwab Crypto," to a select group of retail clients.

In a Tuesday post on X, the firm said the first wave of eligible retail investors can now trade bitcoin Image 8: Tooltip token image BTC+0.54% Image 9: Tooltip token image BTC+0.54%

$81,230.91

See Details and ether Image 10: Tooltip token image ETH+1.28% Image 11: Tooltip token image ETH+1.28%

$2,319.97

See Details directly on the platform alongside other crypto-related investment products.

The rollout follows Charles Schwab's announcement last month that it would introduce the crypto trading platform in phases. The launch marks a major expansion from the firm's previous crypto-related offerings, which were limited to indirect exposure through exchange-traded funds and derivatives.

According to an April statement, Schwab clients will maintain a separate crypto account through Schwab Crypto. Charles Schwab Premier Bank serves as the crypto custodian, while blockchain infrastructure provider Paxos handles trade execution and sub-custody.

Schwab Crypto is set to charge a 75-basis-point fee per trade. The crypto trading service is available in all U.S. states except for New York and Louisiana, according to the platform's FAQ page. The company also noted that not all clients may qualify for crypto trading.

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The Block has reached out to Charles Schwab for further information.

At the end of March 2026, Charles Schwab reported $11.77 trillion in client assets with 39.1 million active brokerage accounts, according to its quarterly report.

In the first quarter of this year, the company posted an adjusted net income of $2.6 billion and earnings per share of $1.43, up 38% year-on-year. Its Q1 revenue grew 16% year-on-year to $6.48 billion.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

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Image 14: Tooltip token image BTC+0.54% Image 15: Tooltip token image ETH+1.28%

AUTHOR

Image 16: Timmy Shen ### Timmy Shen

Timmy Shen is an Asia editor for The Block. Previously, he wrote about crypto and Web3 for Forkast.News from Taiwan after spending more than three years in Beijing covering finance, entertainment business and current affairs at Caixin Global and Chinese tech at TechNode. His China-related reporting has also appeared in The Guardian. When he's not chasing headlines, you'll find him savoring hot pot and shabu shabu in a Taipei local haunt. Timmy holds an MS degree from Columbia University Graduate School of Journalism. Send tips to tshen@theblock.co or get in touch on X/Telegram @timmyhmshen.

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Charles Schwab Spot Btc Eth

Charles Schwab launches spot BTC, ETH trading to select retail clients | The Block

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