Crypto

Schwab Brings Bitcoin and Ethereum Trading to Mainstream Brokerage Accounts

Guavy AI Editorial Team Published September 10, 2026

Instruments

BTC ETH

Charles Schwab has launched direct Bitcoin and Ethereum trading for eligible US retail clients. The service operates under the Schwab Crypto brand as a separate account linked to a client's existing Schwab portfolio, with Blockchain infrastructure provider Paxos handling trade execution and sub-custody.

The firm confirmed the launch in a May 13 post on X, stating that users can now trade Bitcoin (BTC) and Ethereum (ETH) inside a standard Schwab brokerage account alongside stocks and other investments. This move marks a significant expansion from Schwab's previous crypto offerings, which covered only indirect exposure through ETFs, futures, and digital asset funds.

Schwab manages more than $11 trillion in client assets and serves 39.1 million active brokerage accounts as of March 2026. The service is available to eligible clients through Schwab's web, mobile, and Thinkorswim platforms, with a fee of 75 basis points per transaction.

Schwab Brings Bitcoin and Ethereum Trading to Mainstream Brokerage Accounts

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