Bitcoin ETFs continue to face heavy outflows, with $558.44M outflows on Friday, as market uncertainty deepens.
Charles Schwab will officially enter the spot Bitcoin ETF market, with CEO Rick Wurster confirming the launch during an investor call. The $13 trillion asset manager aims to rival BlackRock’s iShares Bitcoin Trust (IBIT) by integrating spot cryptocurrency trading directly into its brokerage platform by the first half of 2026.
The rollout will offer Schwab clients in-platform access to Bitcoin (BTC) and Ethereum (ETH), eliminating the need for cryptocurrency exchanges and the complexities of managing assets across crypto wallets.
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