The news was confirmed by company CEO CEO Rick Wurster
Charles Schwab could introduce spot Bitcoin trading for customers as early as April 2026, according to the firm’s most recent statements from CEO Rick Wurster. The firm has seen interest in crypto spike with a reported 400% rise in traffic to its digital assets web page. That demand, in addition to evolving regulatory expectations, has impacted Schwab’s plans to offer direct access to Bitcoin trading.
Wurster, who became CEO in 2025, has been quoted as being in favor of opening up more tools to investors to gain access to crypto, as long as the regulatory environment supports it. He indicated that Schwab hopes to launch the service within a 12-month timeframe, referencing efforts towards meeting compliance and infrastructure milestones. He also believes that current politics—namely the re-election of Donald Trump—could give more favorable circumstances for firms like Schwab to enter the crypto space more aggressively.
Though Wurster did admit that he hasn’t personally invested in cryptocurrency, he did admit he missed out on some good returns and said that Schwab needs to keep pace with what customers are requesting. And that demand isn’t necessarily for Bitcoin specifically.
Schwab partnered with Trump Media and Technology Group (TMTG) in January to develop a platform named Truth.Fi that will offer both cryptocurrency and traditional financial services. From this alliance, it aims to create alternatives for consumers concerned with how large technology companies and banks handle privacy and access.
The expansion into spot Bitcoin trading would be a significant move for Charles Schwab, a company that has been rooted in legacy financial products for a long time. If it happens, the new offering will bring crypto to a much broader universe of investors. The next few months should reveal whether Schwab’s timeline is still on schedule as it waits for regulatory guidance.
