Charles Schwab just opened $BTC and $ETH trading to ALL eligible clients after months of phased rollout. That's $13T in AUM now touching crypto.
Bigger alpha: They're adding $SOL, $AVAX, and $LINK before year-end. Not some random shitcoins—these are the alts institutional money actually respects.
CEO Rick Wurster confirmed they're building crypto transfers INTO Schwab accounts and treating digital assets as a core revenue driver alongside prediction markets. Translation: TradFi is no longer testing the waters. They're swimming.
This isn't just adoption theater. Schwab sees transactional revenue in crypto the same way they see it in ETFs—sticky, scalable, and client-demanded. When boomers can ape into $SOL through their retirement accounts, liquidity dynamics shift hard.
Watch how fast other brokers follow. The floodgates are cracking open.
Bigger alpha: They're adding $SOL, $AVAX, and $LINK before year-end. Not some random shitcoins—these are the alts institutional money actually respects.
CEO Rick Wurster confirmed they're building crypto transfers INTO Schwab accounts and treating digital assets as a core revenue driver alongside prediction markets. Translation: TradFi is no longer testing the waters. They're swimming.
This isn't just adoption theater. Schwab sees transactional revenue in crypto the same way they see it in ETFs—sticky, scalable, and client-demanded. When boomers can ape into $SOL through their retirement accounts, liquidity dynamics shift hard.
Watch how fast other brokers follow. The floodgates are cracking open.