BitcoinWarrior

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Charles Schwab May Enter Bitcoin ETF Market, Analyst Predicts: ‘They Could Have Something Up Their Sleeve’

Charles Schwab, the multi-trillion-dollar asset management firm, could make its foray into the Bitcoin exchange-traded funds market, analysts predict. What Happened: This move follows the industry giants BlackRock and Fidelity, whose Bitcoin ETFs have garnered combined assets of nearly $4 billion in just two weeks. Asset managers on the sidelines, including Charles Schwab, are noticing the market’s growing enthusiasm. Bloomberg’s ETF analyst Eric Balchunas in an interview with RIABiz suggests that Schwab is strategically timing its entry and might surprise the market with a competitively low-f…