New product/expanded trading access can drive incremental interest and flows for Schwab and may support sentiment toward the crypto futures complex; however, it’s not a direct earnings/valuation update, so near-term impact is moderate.
Charles Schwab Unveils 24/7 Crypto Futures Trading CryptoProwl Tue, June 2, 2026 at 8:54 PM GMT+2 1 min read SCHW BTC-USD ETH-USD XRP-USD SOL-USD Financial services firm Charles Schwab (NYSE: $SCHW) has announced that it is launching 24/7 cryptocurrency futures trading. The company, which has more than $12 trillion U. S.
of assets under management, is making crypto futures for Bitcoin (CRYPTO: $BTC), Ethereum (CRYPTO: $ETH), Solana (CRYPTO: $SOL), and Ripple (CRYPTO: $XRP) available for trading around the clock, seven days a week. The crypto futures trading is available on the company’s “Thinkorswim” trading platform and comes months after the company made crypto trading available to retail investors. More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A.
I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket Charles Schwab, which processes an average of 10. 3 million daily trades, is pushing aggressively into crypto after avoiding the asset class for many years.
“A diverse range of clients seek out Schwab for the best-in-class trading experience we offer, from our award-winning platforms to our 24-hour specialized support and education,” said Charles Schwab in a news release. Additionally, Charles Schwab announced that it is expanding into the trading of fractional shares, which includes most U. S.
stocks and exchange-trade funds (ETFs). The launch of the crypto futures trading comes as the prices of digital assets fall sharply, with Bitcoin down 6% on June 2 and trading at $67,000 U. S.
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