Key Takeaways
- • Deutsche Bank is set to launch crypto custody services soon, initially supporting Bitcoin and Ethereum, according to the primary source.
- • Charles Schwab has opened Bitcoin and Ethereum trading to 40 million clients, per the primary source, with its Schwab Crypto offering having begun rolling out in May 2026.
- • Bitcoin gained 40% in Q3 versus 0.8% for the Nasdaq, according to the primary source, underscoring its appeal amid macroeconomic uncertainty.
- • Schwab, which manages more than $13 trillion in client assets, expects to add three crypto assets by year-end, including Solana, per publisher context.
- • Pluang's October 17, 2026 snapshot showed 40 of 50 major cryptocurrencies falling on the day, with Kusama, SushiSwap and Cardano all down between 3.6% and 4% .
Summary
Deutsche Bank is preparing to launch crypto custody services, initially covering Bitcoin and Ethereum, and publisher context indicates the service will also include several stablecoins. The bank is described as weeks away from launching its first digital asset service, marking a push into crypto custody by Germany's largest lender.
Charles Schwab has expanded its digital asset offering. According to the primary source, the brokerage has opened Bitcoin and Ethereum trading to 40 million clients. Schwab Crypto began rolling out to clients in May 2026 and provides direct access to bitcoin and ethereum trading, extending access beyond exchange-traded products. Publisher context also reports that Schwab is expanding its crypto platform with three new digital assets as demand for regulated crypto trading continues to grow, and that the firm expects to add three crypto assets by year-end, including Solana. Schwab manages more than $13 trillion in client assets.
The primary source attributes the moves to growing institutional adoption of crypto as it shifts toward mainstream investment. It cites a 40% gain for Bitcoin in Q3 against 0.8% for the Nasdaq, and argues that the expansion by these firms could further support Bitcoin's momentum in Q4 as institutional and retail interest grows. These are the source's own characterizations and should be read as such.
Market conditions were mixed on October 17. Pluang's market snapshot, as of 18:01 WIB, showed 9 of 50 major cryptocurrencies rising and 40 falling. Kusama traded at Rp79.212 (down 3.95%), SushiSwap at Rp4.011 (down 3.86%) and Cardano at Rp3.997 (down 3.66%). Order activity on the platform skewed toward buying for ADA and KSM, while SUSHI showed a net sell bias.
Charles Schwab has expanded its digital asset offering. According to the primary source, the brokerage has opened Bitcoin and Ethereum trading to 40 million clients. Schwab Crypto began rolling out to clients in May 2026 and provides direct access to bitcoin and ethereum trading, extending access beyond exchange-traded products. Publisher context also reports that Schwab is expanding its crypto platform with three new digital assets as demand for regulated crypto trading continues to grow, and that the firm expects to add three crypto assets by year-end, including Solana. Schwab manages more than $13 trillion in client assets.
The primary source attributes the moves to growing institutional adoption of crypto as it shifts toward mainstream investment. It cites a 40% gain for Bitcoin in Q3 against 0.8% for the Nasdaq, and argues that the expansion by these firms could further support Bitcoin's momentum in Q4 as institutional and retail interest grows. These are the source's own characterizations and should be read as such.
Market conditions were mixed on October 17. Pluang's market snapshot, as of 18:01 WIB, showed 9 of 50 major cryptocurrencies rising and 40 falling. Kusama traded at Rp79.212 (down 3.95%), SushiSwap at Rp4.011 (down 3.86%) and Cardano at Rp3.997 (down 3.66%). Order activity on the platform skewed toward buying for ADA and KSM, while SUSHI showed a net sell bias.
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