The incoming CEO of Charles Schwab, Rick Wurster, has expressed his regret at not investing in cryptocurrency and has announced that the company plans to offer spot crypto trading once US regulations become clearer. Currently, Schwab offers crypto exposure through ETFs and futures, and Wurster will take over the CEO position on January 1, 2024, replacing Walt Bettinger.
Schwab’s interest in cryptocurrency comes as it ranked as the second most popular asset class among the company’s ETF investors.
