Deutsche Bank, Germany’s largest bank, is preparing to launch crypto custody services in Germany within a few weeks, with initial support for Bitcoin and Ethereum before expanding to stablecoins and Asian markets in 2027. Financial giant Charles Schwab, managing $13 trillion in assets, has officially launched Bitcoin and Ethereum trading for eligible clients, enabling approximately 40 million accounts to access these assets. These developments come as Bitcoin surged over 40% in the third quarter, significantly outperforming the Nasdaq’s 0.8% gain, underscoring its growing appeal to institutional investors. Institutional adoption continues to gain momentum despite Bitcoin’s struggle to hold above the psychologically important $80,000 level and recent net outflows from spot Bitcoin ETFs.
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