Charles Schwab rolls out Bitcoin trading
The post says the $12.6 trillion financial services firm has officially launched direct access to Bitcoin trading.
BTC
Fact Check
The core claim is confirmed by Schwab's own press release announcing Schwab Crypto with direct bitcoin trading, by CNBC's independent reporting, and by Bitcoin Magazine's report that the spot bitcoin trading launch began in May 2026. The $12.6 trillion AUM figure matches Schwab's current self-reported client assets ('safeguards more than $12.6 trillion in client assets'); an earlier May report cited $11.77T as of March 2026, with the figure since growing. All key elements of the post are corroborated by authoritative sources.
Summary
Charles Schwab has officially rolled out Bitcoin trading, according to the post, which identifies the company with a $12.6 trillion figure. The brief update does not include launch timing, product details, eligible users, fees, platform scope, or whether the offering covers spot Bitcoin or another trading format.
Terms & Concepts
- Bitcoin trading: Buying and selling Bitcoin on a platform