查尔斯·施瓦布（Charles Schwab）在散户投资者的竞赛中推出加密货币

查尔斯·施瓦布（Charles Schwab）是世界上最大的资产经理之一，管理着7.13万亿美元，正计划提供现货加密货币交易

Charles Schwab Corporation (NYSE:SCHW) is planning to offer spot cryptocurrency trading to its clients within the next year, the company disclosed during its first-quarter earnings call.

该公司在其第一季度收益电话会议上披露，Charles Schwab Corporation（NYSE：SCHW）计划在明年向客户提供现货加密货币交易。

The initiative will see Schwab integrating Bitcoin (BTC) and Ethereum (ETH) trading on its platform by mid-2024, placing the traditional financial giant among the vanguard of institutions entering the cryptocurrency space.

该倡议将使Schwab在2024年中期将Schwab整合到其平台上的以太坊（ETH）交易，并将传统的金融巨头置于进入加密货币领域的机构Vanguard中。

This development follows Morgan Stanley's recent announcement to offer crypto trading to its e-trade clients, highlighting a broader trend of U.S.-based financial institutions expanding their offerings to include digital assets.

这一发展是在摩根士丹利（Morgan Stanley）最近宣布向其电子商务客户提供加密货币交易的消息之后，强调了总部位于美国金融机构将其产品扩展到包括数字资产的更广泛趋势。

Anticipations of positive regulatory changes are also driving these efforts, with the Securities and Exchange Commission expected to make a decision on several Bitcoin ETF applications by early 2024.

对积极的监管变化的预期也在推动这些努力，而证券交易委员会预计将在2024年初对几个比特币ETF申请做出决定。

“We’re hopeful and likely to have that capability by mid-2024,” Schwab CEO Rick Wurster said regarding crypto trading.

施瓦布首席执行官里克·沃斯特（Rick Wurster）谈到加密货币交易时说：“我们有希望并且有可能在2024年中期具有这种能力。”

The move is designed to cater to investors who already participate in traditional markets but are becoming interested in digital assets.

此举旨在迎合已经参与传统市场但对数字资产感兴趣的投资者。

Recently, Schwab saw a 400% increase in traffic to its crypto-related content, and potential new clients comprised 70% of these visitors, highlighting the growing demand, Wurster added.

最近，施瓦布（Schwab）与加密货币相关的内容的流量增加了400％，潜在的新客户占这些访客的70％，强调了需求不断增长。

Crypto Interest Soars Amid Market Turbulence

在市场动荡中加密兴趣飙升

The news had an immediate impact, with Bitcoin price rising by 3.2%, increasing from around $58,400 to $60,270 within an hour of the announcement, as of May 1, 2025, according to CoinMarketCap data.

根据CoinMarketCap数据，这一消息产生了直接影响，比特币价格上涨了3.2％，在宣布公告的一小时内（截至2025年5月1日）在一小时内从58,400美元上涨至60,270美元。

At the same time, Ethereum also saw a similar increase, at $2,900 and rising 2.8% to $2,981.

同时，以太坊也有类似的增长，$ 2,900，上涨2.8％，至2,981美元。

These increases were followed by significant spikes in volume. Bitcoin’s 24-hour volume increased 18% to $32.4 billion and Ethereum’s rose 15% to $14.7 billion, Binance market data shows.

这些增加之后是体积明显的尖峰。 Binance Market数据显示，比特币的24小时数量增长了18％，至324亿美元，以太坊的增长量增长了15％，达到147亿美元。

Another interesting development on the liquidity front was the tremendous increase in liquidity depth—according to Kaiko Analytics, liquidity depth in BTC/USDT and ETH/USDT pairs improved by an average of 12% within two hours of the announcement.

流动性方面的另一个有趣的发展是流动性深度的巨大增加 - 根据Kaiko Analytics，BTC/USDT的流动性深度以及ETH/USDT的流动性深度在公告后的两个小时内平均提高了12％。

Such a trend isn't a new one. Price jumps like this have occurred after other firms have filed a Bitcoin ETF with the S.E.C.: when BlackRock did so, BTC surged 7% in a day. These analogies remind us that institutional moves almost always have short-term effects in the world of crypto.

这样的趋势不是新趋势。这样的价格上涨是在其他公司向SEC提交比特币ETF之后发生的：当贝莱德这样做时，BTC一天飙升了7％。这些类比提醒我们，机构上的举动几乎总是在加密世界中产生短期影响。

Schwab's timing is good, because investors' behavior has been changing. This follows average market clients' overall bearishness of the stock market that increased in April's volatility influenced in part by geopolitical tensions and U.S. tariff plans, with 61% of Schwab clients surveyed feeling bearish in Q1 2025 (up from 32%).

Schwab的时机很好，因为投资者的行为一直在发生变化。这之后遵循了平均市场客户对股票市场的整体看跌，这在四月份的波动性上增加了一部分受地缘政治紧张局势和美国关税计划的影响，其中有61％的Schwab客户在第1季度2025年第1季度接受了看跌（高于32％）。

Several investors have been reducing risk by selling U.S.-based stocks and reallocating into bonds and non-U.S. stocks. Clients who have exposure to international stocks, bonds and commodities said they were reported stronger resilience.

几位投资者通过出售美国股票并将其重新分配给债券和非美国股票来降低风险。接触国际股票，债券和商品的客户表示，据报道他们的弹性更强。

And now, crypto is increasingly considered another path to diversification. Schwab's move to offer direct access to cryptos is a cautious approach that should appeal to conservative investors interested in obtaining controlled exposure rather than excessive speculation. The Schwab offering will be geared toward people wanting fractional amounts of popular cryptocurrencies, not the universe of other choices called altcoins, Wurster added.

而现在，加密货币越来越被视为多元化的另一个途径。施瓦布（Schwab）提供直接访问加密货币的举动是一种谨慎的方法，应该吸引有兴趣获得受控敞口而不是过度投机的保守投资者。 Wurster补充说，Schwab的产品将针对想要分数流行的加密货币的人们，而不是其他称为AltCoins的其他选择的宇宙。

Projecting Significant Inflows and Increased Confidence

预测大量流入和增加信心

Analysts anticipate Schwab's platform launch to generate substantial inflows into crypto markets.

分析师预计，施瓦布（Schwab）的平台推出，以引起加密市场的大量流入。

Trading activity has already reflected increased confidence. On May 1, Deribit data indicated a 25% rise in BTC call options over the $65,000 strike price, which means traders are feeling bullish.

交易活动已经反映了增强的信心。 5月1日，Deribit数据表明，BTC呼叫期权上涨了25％，超过了65,000美元的打击价格，这意味着交易者感到看涨。

Meanwhile, trading data from Kraken showed a 10% increase in trading activity for BTC/USD and ETH/USD pairs, even as bid-ask spread margins have been diminishing—a sign that market efficiency is up.

同时，来自Kraken的交易数据显示，即使出价差距已经下降，BTC/USD和ETH/USD对的交易活动增长了10％，这表明市场效率正在提高。

Also reporting, Whale Alert said Bitcoin transactions valued above $1 million were up 14%, adding to the notion of institutions buying on the news of Schwab.

鲸鱼警报还报告说，价值超过100万美元的比特币交易增长了14％，这增加了机构在Schwab新闻中购买的概念。

Recent U.S. regulatory discussions have been interpreted as boosting institutional confidence. However, Wurster cautioned that volatility and allocation issues still pose significant risks.

美国最近的监管讨论被解释为增强机构信心。但是，沃斯特警告说，波动性和分配问题仍然带来很大的风险。

"We’re hopeful and likely to have that capability [crypto integration] by mid-year 2024," Wurster said.

沃斯特说：“我们希望到2024年中，我们有希望并且有可能具有这种能力[加密整合]。”

He added that the company’s platform is designed to provide investors with the products and services they need to manage their finances effectively.

他补充说，该公司的平台旨在为投资者提供有效管理财务所需的产品和服务。

"We’re seeing a lot of interest in crypto-related content on Schwab.com and 70% of the visitors to that content are potential new clients," Wurster said.

沃斯特说：“我们在schwab.com上看到了对加密相关的内容的浓厚兴趣，而该内容的访问者中有70％是潜在的新客户。”

"This underscores the strong demand we’re seeing for these types of investments

“这突显了我们对这类投资的强劲需求