U.S. brokerage Charles Schwab will begin spot trading in bitcoin and ether for U.S. retail customers within weeks, Cointelegraph reported. The service will use a dedicated crypto account linked to Schwab’s brokerage platform, with custody handled by a subsidiary and trade execution processed through a partnership with federally regulated trust company Paxos. The rollout will be phased and initially excludes New York and Louisiana residents. Fees are set at 0.75 percent per trade.

Bitcoin is increasingly being treated on Wall Street as a core portfolio holding rather than a short-term trading vehicle, according to comments attributed to Sygnum Bank\'s chief investment officer Fabian Dori. He said a focus on daily inflows and outflows in spot Bitcoin exchange-traded funds can obscure a broader structural shift, as institutions such as pension funds, endowments, sovereign wealth funds and insurers begin to treat Bitcoin as a standard allocation and integrate it into asset-allocation frameworks.