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The Money is Bitcoin Moving Forward Founder Of Bitcoin For The Hood

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Yes, Charles Schwab has officially announced plans to offer direct spot Bitcoin trading in 2026. According to recent statements from CEO Rick Wurster (made in late 2025), the company is actively building its own platform to allow clients to buy and sell Bitcoin and Ethereum directly. Here are the key details regarding their 2026 roadmap: 1. The Timeline * Target Date: The rollout is expected in the first half of 2026. * Development Phase: Schwab has chosen to "build" rather than "buy." Instead of partnering with an existing crypto exchange (like some competitors), they are developing their own proprietary trading technology to ensure it integrates seamlessly with their existing systems. This development time is the primary reason for the wait until 2026. 2. What Will Be Offered? * Assets: The launch will focus on Bitcoin (BTC) and Ethereum (ETH) initially. * Spot Trading: This refers to buying the actual asset (the "coins") rather than just a fund that tracks the price. 3. Why the Change in Stance? Schwab was historically cautious about crypto, often citing regulatory uncertainty. However, two main factors drove this decision: * Client Demand: The company noted that a significant portion of their clients were moving money to exchanges like Coinbase to trade crypto. Schwab aims to capture that volume by keeping those assets on their own platform. * Competitive Pressure: With competitors like Fidelity and Robinhood already offering crypto access, Schwab is moving to ensure they remain competitive, particularly with younger investors (Gen Z and Millennials). 4. What You Can Do Right Now (Before 2026) Until the direct trading platform launches, you cannot buy "coins" directly on Schwab, but you can still gain exposure to Bitcoin through other investment vehicles currently available on their platform: * Spot Bitcoin ETFs: You can trade ETFs that hold actual Bitcoin (e.g., iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund). * Bitcoin Futures: Available for clients with approved futures trading accounts. * Crypto-Related Stocks: You can trade shares of companies heavily tied to Bitcoin, such as Coinbase (COIN), MicroStrategy (MSTR), or Bitcoin mining companies. Next Step: If you are already a Schwab client, you don't need to do anything yet; the feature will likely appear as a new trading capability in your existing account in 2026. If you want updates, would you like me to explain how to set up a "Google Alert" for Schwab crypto news so you are notified the moment the launch date is confirmed? #Bitcoin image
2025-12-04 01:29:25 from 1 relay(s) View Thread β†’
Good Morning Nostr Who Remembers These image
2025-12-03 12:38:23 from 1 relay(s) View Thread β†’
What’s your bitcoin price prediction for the end of the year πŸ€” image
2025-12-03 00:04:32 from 1 relay(s) View Thread β†’