This is bullish news, because with almost $12T in client asset and about 46 million accounts, direct BTC and ETH access, this would be a major step in mainstream brokerage adoption of crypto. Clients have to open new crypto accounts that will be offered by Charles Schwab Premier Bank, SSB. This is planned for US residents only, while not available for NY and Louisiana, as eligibility is subject to review.
Clients will be able to buy and sell Bitcoin and eth directly, not their ETFs or Futures but direct spot trading mean something out of the ordinary.
https://www.ainvest.com/news/major-crypto-boost-12t-charles-schwab-eyes-spot-bitcoin-ether-trading-rollout-h1-2026-2604/