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Charles Schwab, who manages 10 Trillion Dollars, announced the expected Bitcoin (BTC) and Ethereum (ETH) move!
As the Bitcoin and cryptocurrency market continues to develop, the world's largest asset managers are also gradually getting involved.
At this point, the latest news came from Charles Schwab, which manages $10.1 trillion in customer assets and is among the largest banks in the world.
Accordingly, Charles Schwab announced that it will begin offering spot trading services for Bitcoin (BTC) and Ethereum (ETH).
According to BWE News, Charles Schwab CEO Rick Wurster stated that they will offer spot trading for Bitcoin and Ethereum within the next 12 months.
"We plan to add spot trading for Bitcoin and Ethereum to our platform."
No timeline or details have been provided regarding the commencement of BTC and ETH spot trading.
The CEO of Charles Schwab announced that when he takes office at the end of 2024, the firm plans to expand its cryptocurrency services.