📰 Charles Schwab (SCHW) Plans Spot BTCUSD Trading Launch, Targets Coinbase with Crypto Expansion
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Jul 18, 2025, 16:16 EDT
| 🔗 Source: The Block
🧠 Summary
Charles Schwab plans to launch spot Bitcoin and Ether trading soon, targeting growing client demand and aiming to compete with crypto exchanges like Coinbase. This move follows regulatory easing that enables banks to expand crypto services.
💡 Why this signal?
- Bitcoin's breakthrough above $120,000 coupled with strong regulatory moves signals increased institutional confidence and mainstream adoption.
- The establishment of the regulatory framework reduces market uncertainty, encouraging broader participation and potential price growth.
- Analyst forecasts and rising corporate treasury allocations to bitcoin suggest sustained upward momentum over coming months.
📈 BTCUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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