Charles Schwab has begun rolling out Schwab Crypto to U.S. retail customers, enabling spot Bitcoin and Ethereum trading with a 0.75% fee. The service adds direct crypto trading within Schwab’s brokerage ecosystem, with custody handled by Charles Schwab Premier Bank and Paxos providing custody and execution support. The new report also says Schwab manages about $12 trillion in client assets and that its customers hold about 20% of U.S. spot crypto ETF shares, underscoring the firm’s potential influence in the retail digital asset market. The service is not yet available in New York or Louisiana.