Charles Schwab CEO: Spot cryptocurrency trading services are expected to be launched in the first half of 2026

Charles Schwab CEO Rick Wurster said on a call with analysts Thursday that the company is continuing to attract younger clients as it faces competition from digital-native investing firms like Robinhood. He also said Schwab expects to launch spot cryptocurrency trading services in the first half of 2026. "I think the cryptocurrency business will be accretive, but we've already won over these clients even without it," he said.