Are Charles Schwab spot crypto ETFs coming?
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The conditions Charles Schwab is waiting for before jumping headfirst into crypto could take shape soon, potentially bringing another big fish into the mix in a more substantial way.
The company currently allows investors to trade spot bitcoin and ether ETFs on its platform, as well as crypto futures contracts and options on certain BTC funds.
“We also would like to directly offer crypto and Schwabize the crypto market, which is to take a lot of the spread and the commissions out of the crypto area to create a better deal for clients,” incoming Schwab CEO Rick Wurster said in a recent interview with Yahoo Finance.
He added:…
