Key Highlights:
• Schwab prepares to launch Bitcoin and Ethereum ETFs alongside a new dollar-pegged stablecoin.
• Moves align with institutional peers like JPMorgan, signaling a broader shift toward digital assets.
Yello Paradisers! Charles Schwab, managing over $10.7 trillion in client assets, is accelerating its foray into the crypto market.
CEO Rick Wurster confirmed during the firm’s Q2 2025 earnings call that Schwab plans to roll out spot Bitcoin and Ethereum ETFs first, followed by a dollar-pegged stablecoin designed for seamless integration into its existing financial ecosystem.
“We want to get bitcoin and ether out first, but the stablecoins will come next,” Wurster explained, noting ongoing discussions with major banks and industry consortiums about how best to launch and scale. These steps reflect Schwab’s commitment to making crypto as easy to access for its clients as stocks and bonds, while bolstering the firm’s competitiveness against players like Coinbase.
Institutional Influence and Market Impact
Institutional involvement has consistently been a catalyst for Bitcoin’s price moves. Over the past 90 days, Bitcoin’s value has surged 40.71%, trading around $118,457 with a $2.36 trillion market cap and 60.95% dominance. While Schwab’s planned ETFs and stablecoin are not yet live, the announcement alone adds fuel to bullish sentiment, particularly as Bitcoin and Ethereum hover near record highs.
The recent passage of the GENIUS Act, which created the first federal stablecoin regulatory framework, has further paved the way for major financial firms like Schwab to deepen their digital asset offerings. Regulatory clarity is quickly turning institutional curiosity into firm commitments, and Schwab appears poised to capitalize.
Why Traders Should Be Watching
The timing of Schwab’s move couldn’t be more significant. With ETFs expected to draw billions in inflows and a new stablecoin potentially streamlining transactions, the shift could have a long-term structural impact on liquidity, yields, and pricing in the crypto market.
We’ll unpack what this means for traders in our upcoming MCP YouTube stream, with insights from the ParadiseFamilyVIP, who are already adjusting their strategies to capture these shifts. For those seeking real-time breakdowns and step-by-step guidance, MCP News Private offers expert-driven insights for just $3/month, a fraction of what most spend on a single parking ticket.
