Charles Schwab Expands Crypto Offerings Amid Mixed Market Signals
Charles Schwab has completed its retail rollout of direct crypto trading while its stock price slides despite strong Q3 earnings.
Charles Schwab has completed its retail rollout of direct crypto trading while its stock price slides despite strong Q3 earnings. Bitcoin (BTC) is trading at ₹78,26,919 ($82,170.00), up 0.1% since this brief published. This is an original Token Times brief based on reporting by Bitcoin.com, with live market data added, as of Thu, 15 Oct 2026 18:15:01 UTC.
The move by Schwab, a major financial institution overseeing $13.33 trillion in client assets, signals growing mainstream acceptance of cryptocurrencies and could drive further institutional adoption. However, the company's stock performance raises questions about investor sentiment toward its crypto expansion.
- Schwab now offers direct bitcoin and ether trading to retail investors.
- Three additional cryptocurrencies will be added by year-end.
- Schwab's Q3 revenue rose 17% to $7.2 billion amid strong asset growth.
- Despite strong earnings, SCHW stock fell 5.05% to $91.91.
- Charles Schwab Expands Crypto Offerings Amid Mixed Market Signals — this brief
- Charles Schwab Launches Crypto Trading, Eyes New Revenue Streams
Charles Schwab has announced the completion of its retail rollout of direct cryptocurrency trading, offering bitcoin and ether trading to eligible investors across its brokerage platform. The firm, which oversees $13.33 trillion in client assets, revealed these plans during its October 15 webcast, as reported by 
Bitcoin.com and Blockonomi.
During the webcast, CEO Rick Wurster confirmed that the company will introduce crypto transfers and add three additional cryptocurrencies before the end of the year. This move comes as part of Schwab's broader strategy to expand its digital asset offerings and capture a growing market of crypto investors.
While Schwab's Q3 financial results were strong, with a 17% increase in revenue to $7.2 billion and a 15% rise in client assets to $13.33 trillion, the company's stock price fell by 5.05% to $91.91. This suggests that investors may be cautious about the potential risks associated with Schwab's crypto expansion, despite the positive momentum in the broader crypto market.
The total crypto market cap currently stands at $2.82 trillion, with Bitcoin trading at $82,061, up 0.09% in the last 24 hours. The overall market sentiment, as measured by the Fear & Greed Index, remains neutral at 53. Schwab's entry into the crypto space could potentially attract more institutional investors and further legitimize the asset class.
Looking ahead, Schwab's ability to execute its crypto strategy and manage regulatory challenges will be crucial. Investors will be watching how the addition of new cryptocurrencies and the introduction of crypto transfers impact the company's performance and market position.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from ₹78,16,536.00$82,061.00 to ₹78,26,918.55$82,170.00 — +0.13%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.59M (about $82,170.00), up 0.7% over 24 hours. The rupee itself trades about 9.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
1 key figure independently matched across 2 outlets reporting this story.
Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.
Charles Schwab Expands Crypto Offerings Amid Mixed Market Si — questions & answers
What cryptocurrencies will Schwab offer?
Schwab currently offers bitcoin and ether trading, with plans to add three more cryptocurrencies by year-end.
How much did Schwab's revenue increase in Q3?
Schwab's Q3 revenue rose 17% to $7.2 billion.
Why did Schwab's stock price fall despite strong earnings?
The stock price may have fallen due to investor concerns about the risks associated with Schwab's crypto expansion.
How much is 1 Bitcoin worth in rupee today?
About ₹8.59M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $82,170.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.13% since this brief first published — trading at ₹78,26,919 ($82,170.00) now versus ₹78,16,536 ($82,061.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.