Charles Schwab targets 2027 crypto spot trading launch for…

Charles Schwab, the $10 trillion custody giant, is targeting a mid-2027 rollout of crypto spot trading, transfer, and custody capabilities for advisors on its institutional custody platform. Jalina Kerr, Managing Director of Schwab Advisor Services, confirmed the timeline is currently on track — though she noted it remains subject to change.

Why it matters

Schwab's move into advisor-facing crypto custody is a structural shift, not a retail experiment. The firm already offers spot Bitcoin and Ethereum trading to retail clients, but extending those capabilities to the advisors on its custody platform means thousands of registered investment advisors — collectively managing trillions in client assets — would gain a compliant, integrated pathway to allocate into crypto. That's the distribution layer that institutional crypto adoption has been waiting on.

Market impact

A 2027 launch date gives the market a concrete institutional milestone to price around. For BTC and ETH specifically, advisor-driven demand tends to be stickier than retail flows — it arrives through managed accounts and model portfolios rather than discretionary trades. If Schwab executes on schedule, the ripple effect across competing custodians like Fidelity and Pershing could accelerate the broader wealth management industry's crypto integration timeline well ahead of 2027.

Source: [source](https://citywire.com/pro-buyer/news/schwab-eyes-2027-rollout-of-crypto-spot-trading-for-advisors/a2490867)