The ETF Store President: Charles Schwab CEO Expects to Launch Spot Cryptocurrency Trading Within 12 Months
The ETF Store President Nate Geraci stated on the platform X that Charles Schwab CEO Rick Wurster is expected to launch direct spot cryptocurrency trading within the next 12 months. Spot cryptocurrency trading will become a "bet" for every major brokerage firm. Rick Wurster indicated that with changes in the regulatory environment, Charles Schwab plans to launch "direct" spot cryptocurrency trading and is steadily progressing toward this goal. However, considering the volatility of cryptocurrency prices and the possibility that the entire value of cryptocurrency investments could disappear, investors who find themselves unable to withstand significant risks and market fluctuations may choose to stay away.
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