#CharlesSchwabtoRollOutSpotCryptoTrading TradFi vs. Crypto: What Schwab’s Entry Means for $BTC 📈
Charles Schwab's rollout of
#SchwabC rypto is more than just a new feature—it’s a structural shift in how the "mass affluent" will access digital assets.
Why this matters:
Massive Liquidity: Schwab manages ~$11.8 Trillion. Even a 1% allocation shift is over $100 Billion.
Simplified Tax/Reporting: Having crypto in a standard brokerage account solves the "tax headache" for many retail users.
Competitive Pressure: With fees at 75 bps, they are undercutting some established players, forcing the entire industry to lower barriers.
While they are starting with just $BTC and $ETH, the roadmap includes more coins and deposit/withdrawal capabilities. The "Mainstream" isn't coming; it's already here.
What’s your take? Will Schwab users stick to $BTC or eventually bridge over to DeFi? 👇
#CharlesSchwabtoRollOutSpotCryptoTrading $BTC $ETH #CryptoMarket
#TradFiToDeFi