Charles Schwab launches 24/7 crypto futures, targets 2027 for advisor spot trading

Charles Schwab, which oversees roughly $12.6 trillion in client assets, has introduced 24/7 trading for select crypto futures on its thinkorswim platforms, giving clients near-continuous access to major digital asset contracts including Bitcoin, Ether, Solana, and Ripple. The move extends Schwab's derivatives lineup into always-on crypto markets, a fitting schedule for an asset class that never sleeps.

Alongside the crypto update, Schwab rolled out a series of platform enhancements. Improvements include expected price range data for marginable securities on Schwab.com, expanded dividend reinvestment functionality on Schwab Mobile, and new thinkorswim tools that improve options visibility, order transparency, and fixed-income position views. Schwab also broadened fractional investing, extending it to most US stocks and ETFs with a $1 minimum. The change lets clients invest by dollar value rather than share count, streamlining access for both new and experienced investors.

The asset manager expects to introduce crypto spot trading for financial advisors in 2027 via its custody platform, extending its digital asset capabilities beyond futures-based products, according to Citywire. The offering will let advisors trade spot crypto directly on behalf of clients as part of Schwab's broader crypto strategy.