Charles Schwab Corporation, a financial giant with assets totaling $8.5 trillion, has adopted a seemingly cautious approach towards digital assets, prompting analysts to speculate on potential missed opportunities in a rapidly evolving market.
The company’s decision not to launch its own proprietary spot Bitcoin Exchange-Traded Funds (ETFs) despite the recent Bitcoin ETF approval by the Securities and Exchange Commission (SEC), has raised eyebrows in the financial community.
Here’s What Analysts Suggest
Schwab, known for its methodical product development strategy, swiftly made all 11 spot bitcoin-based ETFs available on its platforms, Schwab.com and Thinkorswim, following the SEC’s…
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