Charles Schwab – The Giant Asset Manager Opens the Door for Bitcoin, Promoting Legitimization
The cryptocurrency market is about to experience a massive wave of mainstream acceptance as #CharlesSchwab , a $11.23 trillion asset management firm, confirms it will launch Bitcoin spot trading and cryptocurrency services in the first half of 2026. This information was announced by CEO Rick Wurster after Schwab reported third-quarter results that exceeded expectations, with an impressive new asset growth rate.
This decision is a strategic move to reinforce the legitimacy and position of cryptocurrency within the traditional asset portfolio. Wurster emphasized that the crypto product will complement Schwab's asset management strategy, particularly targeting younger investors, as 1/3 of new accounts currently belong to those under 28 years old. This indicates a clear acknowledgment of the needs and investment trends of the new generation. #anh_ba_cong
The fact that a large and reputable financial organization like Schwab, with significant influence over Wall Street and retail investors, officially accepts Bitcoin and crypto trading will be a strong market confidence booster, facilitating large and stable capital flows into the digital asset space.
