Charles Schwab Launches Schwab Crypto Impacting Coinbase Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2026
0mins
Shares of Coinbase (COIN) fell nearly nearly 1% in early trading to $194.00 after Charles Schwab (SCHW) announced Schwab Crypto, a spot crypto trading offer that will begin a phased rollout to retail clients in the coming weeks. Schwab said Schwab Crypto will provide direct access to bitcoin and ethereum trading, combined with educational content and professional support. At launch, Schwab Crypto will include direct trading in bitcoin and ethereum, digital assets education and resources, and the ability to view and trade cryptocurrency and traditional investments side-by-side across Schwab.com, Schwab Mobile, and thinkorswim. Over time, Schwab plans to add additional cryptocurrencies to the platform, as well as transfer capabilities for both deposits and withdrawals, allowing clients with existing digital asset investments to bring them to Schwab alongside their other investments. "With Schwab Crypto, investors can access familiar cryptocurrencies within an all-in-one investing and banking experience, backed by an ecosystem of education, tools, resources, and support so they can make informed decisions about how crypto might fit into their broader investing goals," said Joe Vietri, Head of Digital Assets at Charles Schwab. Shares of Robinhood (HOOD) are up 0.2% to $87.53.
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Analyst Views on COIN
Wall Street analysts forecast COIN stock price to rise
25 Analyst Rating
17 Buy
7 Hold
1 Sell
Moderate Buy
Current: 164.130
Low
230.00
Averages
361.63
High
440.00
Current: 164.130
Low
230.00
Averages
361.63
High
440.00
About COIN
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides a platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers their primary financial account for the onchain economy; institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The Company offers products and services to various customer groups: consumers, businesses, institutions, and developers. Its transaction products consist of consumer trading, prime trading, markets, base protocol and Coinbase wallet. The Company also provides market infrastructure in the form of exchanges for customers to trade spots and derivatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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