President of The ETF Store: Schwab CEO expects to launch spot cryptocurrency trading within 12 months
According to online reports, Nate Geraci, president of The ETF Store, said in a post on platform X that Schwab CEO Rick Wurster is expected to launch direct spot cryptocurrency trading in the next 12 months, and spot cryptocurrency trading will become a "bet" for every large brokerage company. Rick Wurster said that Schwab is expected to launch "direct" spot cryptocurrency trading as the regulatory environment changes, and is currently making steady progress towards this goal, but considering the volatility of cryptocurrency prices and the possibility that the entire value of cryptocurrency investments may disappear, investors who believe they cannot afford significant risks and market fluctuations may choose to avoid them.
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