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Charles Schwab CEO says Bitcoin, Ethereum trading coming soon
Charles Schwab CEO Rick Wurster confirmed the brokerage plans to add Bitcoin (BTC) and Ethereum (ETH) trading for its customers during an interview with CNBC on July 18. According to Wurster, the move comes amid heavy client demand to see all their asset exposure in the same dashboard. He explained that the firm’s customers already hold more than 20% of all crypto exchange‑traded products (ETPs) in the US, worth roughly $25 billion. However, this number amounts to only roughly 0.2% of the firm’s $10.8 trillion in total client balances. Wurster’s remarks confirm reports from early May about the firm’s ... (full story)
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