SCHW to Feel the Heat as Vanguard Greenlights Crypto-Product Trading?

Key Takeaways Vanguard now allows crypto-linked product trading, eroding SCHW's competitive differentiation.SCHW's platform offers broader crypto tools, active-trader features and superior execution support.Increased crypto ETF activity could benefit Schwab despite margin pressure from tighter competition.Charles Schwab (SCHW) is likely to face some pressure after Vanguard allowed trading in crypto-linked products on its brokerage platform. For years, Vanguard’s restrictions effectively pushed crypto-curiou ...