$12.6T Charles Schwab Just Launched 24/7 Bitcoin Futures Trading

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Charles Schwab has expanded its cryptocurrency offering by introducing nearly 24/7 trading for select crypto futures contracts, including Bitcoin (BTC). The move gives clients around-the-clock access to one of the world’s largest digital assets through Schwab’s “thinkorswim” platform and represents another sign that traditional financial institutions are continuing to deepen their involvement in crypto markets. With $12.61 trillion in client assets, Schwab’s latest update places one of Wall Street’s largest firms even closer to the always-on nature of digital asset trading.

$12.6 Trillion Schwab Brings 24/7 Bitcoin Futures Trading

According to the company’s latest platform update announced in a June 2 press release, Schwab clients can now trade select cryptocurrency futures contracts nearly 24 hours a day, seven days a week through the “thinkorswim” platform.

The offering includes Bitcoin, Ethereum (ETH), Solana (SOL), and Ripple-related futures products. Though the crypto market itself never closes, many traditional trading platforms still operate within limited hours. Schwab’s update narrows that gap by giving investors substantially more flexibility to react to market-moving events.

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The launch marks Schwab’s first true 24/7 trading-related product and reflects growing demand from investors seeking exposure to digital assets outside traditional market hours.

James Kostulias, Managing Director and Head of Trading Services at Charles Schwab, said the company remains focused on expanding its trading capabilities as investor needs continue evolving. As he explained:

“A diverse range of clients seek out Schwab for the best-in-class trading experience we offer, from our award-winning platforms to our 24-hour specialized support and education. (…) As retail trading continues to advance, we’re committed to adding features and resources that expand our offering and make Schwab an even more compelling place to trade.”

Another Sign of Growing Institutional Crypto Adoption

The announcement comes as major financial institutions increasingly embrace digital assets. Schwab already serves millions of clients and reported more than 10 million average daily trades during April 2026.

Though the update focuses on futures and not direct ownership of Bitcoin, it represents another step toward integrating crypto into mainstream financial infrastructure. Futures products allow investors to gain exposure to price movements without directly holding the underlying asset.

Meanwhile, BTC itself was at press time on June 4 trading at the price of $63,056, down 5.6% in the last 24 hours, dropping 13.8% across the week, and losing 21.9% over the past month, per the most recent chart information.

The crypto expansion was part of a wider rollout of new trading features across Schwab’s ecosystem. The company also expanded fractional investing to most U.S. stocks and exchange-traded funds (ETFs) with a minimum investment of just $1, making markets more accessible to retail investors.

Schwab has previously signaled more extensive ambitions in the digital asset sector and introduced Bitcoin trading in late April. Company executives have indicated they are working toward offering spot crypto trading capabilities for financial advisors in the future, pending regulatory and operational considerations.

As competition intensifies among major brokerages, Schwab’s decision to offer nearly continuous Bitcoin futures trading highlights how digital assets are becoming a permanent part of the services offered by traditional financial firms.