Charles Schwab Details Phased Spot Crypto Trading Rollout for Retail Clients
According to Charles Schwab’s official announcement, Schwab Crypto spot trading for Bitcoin and Ethereum launched on April 16 and is being rolled out to retail clients in phases over the coming weeks.
BTC
ETH
Fact Check
The claim is strongly supported by the fetched source "Charles Schwab Announces Details of Spot Crypto Trading Launch - WSJ," which states: "April 16, 2026" and that "Schwab Crypto will begin a phased rollout to retail clients in the coming weeks" and "will provide direct access to bitcoin and ethereum trading." That directly matches the user's statement about an April 16 launch announcement, spot trading for Bitcoin and Ethereum, and phased retail rollout over the coming weeks. The Odaily item traces back to the same WSJ-hosted announcement, which further supports that this is the underlying source. I could not directly fetch the Charles Schwab pressroom URL in this run, so the evidence relies on the syndicated press release copy rather than a successfully fetched Schwab page.
Summary
Charles Schwab said in an official announcement that it launched Schwab Crypto spot trading for Bitcoin and Ethereum on April 16. The service is being introduced to retail clients in phases over the coming weeks. The update confirms the launch date and the initial supported cryptocurrencies for the company’s direct spot crypto trading offering.
Terms & Concepts
- Spot trading: The direct purchase or sale of an asset for immediate settlement, rather than through derivatives such as futures.
- Bitcoin: The largest cryptocurrency by market value, used as a digital asset and payment network secured by blockchain technology.
- Ethereum: A blockchain network and its native cryptocurrency, ether, widely used for smart contracts and decentralized applications.