Charles Schwab launches spot trading for Bitcoin and Ethereum

Charles Schwab announced the rollout of Schwab Crypto, a spot trading service for Bitcoin and Ethereum. The Bitcoin price on April 16 market shows a 99.9% probability of Bitcoin staying above $68,000, with traders pricing in the effect of another major brokerage entering crypto.

The Bitcoin price predictions in April market sits at 100% YES for Bitcoin not dipping to $60,000 in April. Schwab’s regulated crypto offering adds another source of buy-side demand from traditional brokerage clients, which helps explain the confidence in that floor holding.

Trade volumes back up these price levels. The Bitcoin price predictions market saw $390,585 in actual USDC traded over 24 hours. Order book depth shows $301,452 is needed to move the price 5 percentage points, which points to enough liquidity to absorb large orders without sharp price moves.

Schwab entering crypto through a regulated platform matters because it treats Bitcoin as a digital commodity rather than a security, sidestepping the classification disputes that have slowed other firms. At 99.9¢ for YES, traders are betting on continued price stability above $68,000 on April 16, with a 1.00x return if that holds.

Watch for spot BTC ETF inflow data and any statements from Jerome Powell or Gary Gensler. Both could shift institutional sentiment and the regulatory outlook for platforms like Schwab Crypto.

Get prediction market intelligence as a structured API feed. Early access waitlist.