{"id":97052,"date":"2026-05-13T10:09:25","date_gmt":"2026-05-13T07:09:25","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=97052"},"modified":"2026-05-13T10:10:14","modified_gmt":"2026-05-13T07:10:14","slug":"charles-schwab-introduces-bitcoin-and-ethereum-trading","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/charles-schwab-introduces-bitcoin-and-ethereum-trading\/","title":{"rendered":"Charles Schwab Introduces Bitcoin and Ethereum Trading"},"content":{"rendered":"<p>Financial giant Charles Schwab has opened access to the Schwab Crypto platform for its first group of retail clients. Users can now trade Bitcoin, Ethereum, and other related assets directly.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Schwab Crypto\u2122 accounts are now being rolled out to retail clients.<\/p>\n<p>Starting today, the first group of clients can trade Bitcoin and Ethereum at Schwab, right alongside their other investments.<\/p>\n<p>Sign up for updates and a chance to get early access: <a href=\"https:\/\/t.co\/ELe1HWHS8Y\">https:\/\/t.co\/ELe1HWHS8Y<\/a> <a href=\"https:\/\/t.co\/HJKbPUD7Ob\">pic.twitter.com\/HJKbPUD7Ob<\/a><\/p>\n<p>\u2014 Charles Schwab Corp (@CharlesSchwab) <a href=\"https:\/\/twitter.com\/CharlesSchwab\/status\/2054234006489588119?ref_src=twsrc%5Etfw\">May 12, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Previously, the company only offered indirect investments through <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">ETFs<\/a> and derivatives. The gradual rollout of the service was announced last month.<\/p>\n<p>Clients will need a separate account for trading. Charles Schwab Premier Bank acts as the custodian, while the infrastructure company Paxos handles trade execution.<\/p>\n<p>The transaction fee is 0.75%. The service is available in all U.S. states except New York and Louisiana. The company noted that not all client categories will have access.<\/p>\n<p>As of the end of March 2026, Charles Schwab managed <a href=\"https:\/\/pressroom.aboutschwab.com\/press-releases\/press-release\/2026\/Client-Growth--Engagement-Drive-Record-Schwab-1Q-Results\/default.aspx\">$11.77 trillion<\/a> in assets, with 39.1 million active brokerage accounts.<\/p>\n<p>In the first quarter of this year, the company&#8217;s net profit rose by 38% year-on-year to $2.6 billion. Revenue increased by 16% to $6.48 billion.<\/p>\n<h2 class=\"wp-block-heading\">JPMorgan<\/h2>\n<p>Investment bank JPMorgan has <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1659326\/000119312526217424\/d44657d485bpos.htm\">filed<\/a> an application with the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> to launch the <a href=\"https:\/\/forklog.com\/en\/news\/what-are-rwas-real-world-assets\">tokenized<\/a> OnChain Liquidity-Token Money Market Fund (JLTXX).<\/p>\n<p>The instrument will help stablecoin issuers comply with the <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">GENIUS Act<\/a> and U.S. reserve requirements.<\/p>\n<p>Funds will be directed into U.S. Treasury bonds and repurchase agreements. The Kinexys Digital Assets division is responsible for the technical aspect.<\/p>\n<p>Initially, JLTXX will operate solely on the Ethereum network, with plans to integrate other blockchains in the future. The exact launch date remains unknown.<\/p>\n<p>Back in December 2025, JPMorgan <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-enacts-stablecoin-legislation\">introduced<\/a> its first tokenized money market fund based on Ethereum.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charles Schwab has opened access to the Schwab Crypto platform for its first group of retail clients. Users can now trade Bitcoin and Ethereum directly.<\/p>\n","protected":false},"author":1,"featured_media":97053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Charles Schwab launches Bitcoin and Ethereum trading for retail clients.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1968,46,229,1308],"class_list":["post-97052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-charles-schwab","tag-ethereum","tag-jpmorgan","tag-rwa"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"Charles Schwab launches Bitcoin and Ethereum trading for retail clients.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=97052"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97052\/revisions"}],"predecessor-version":[{"id":97054,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97052\/revisions\/97054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/97053"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=97052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=97052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=97052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}