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2026-10-20 00:46:44 UTC

BitcoinNews on Nostr: NEW: Charles Schwab clients can now buy bitcoin in the same account that holds their ...

NEW: Charles Schwab clients can now buy bitcoin in the same account that holds their index funds.

CEO Rick Wurster says that all clients can access Schwab Crypto, ending a rollout that began in the spring.

Trades cost 0.75%, with Paxos handling execution and sub-custody. New York and Louisiana are excluded.

Inbound transfers are rolling out, so existing holders can move coins in.

Wurster called Bitcoin a new transaction-based revenue stream, which tells you how the biggest brokers now see bitcoin.