Schwab Enters Bitcoin | Bitcoin ETFs, Self-Custody & Tesla | Oct. 16, 2026
Charles Schwab is moving deeper into Bitcoin. Is this the next major step toward mainstream adoption—and what does it mean for Bitcoin holders? From Bitcoin ETFs and financial advisors to self-custody, multi-sig, and a spirited debate about Tesla and Elon Musk, this episode explores the forces shaping Bitcoin’s future. Today on Bitcoin Today, Loren and Terence host a live community conversation featuring Aztec, Natalie, Michael, Omar, and others. We start by catching up with the community and discussing the day's events before diving into Tesla, the Roadster, and the Cybertruck. Is the excitement around Tesla's next moves justified, and how should we separate the company's technology from the politics and personality surrounding Elon Musk? Then we turn to the big Bitcoin story: Charles Schwab and its growing role in Bitcoin investing. We discuss what this means for financial advisors, registered investment advisor (RIA) platforms, and investors looking for exposure through Bitcoin ETFs. The conversation goes deeper into ETF adoption and market dynamics. Does ETF selling pressure influence Bitcoin's price? How does Bitcoin differ from traditional investments like an S&P 500 ETF when its supply is capped at 21 million? And could growing demand for financial products that represent Bitcoin create a bigger divide between paper exposure and holding actual Bitcoin? That leads to one of the episode's most important themes: self-custody still matters. We discuss multi-signature security, the difference between owning Bitcoin through an ETF and controlling your own bitcoin, and why wider institutional adoption makes it even more important to understand custody. We also touch on Bitcoin ADRs, spending and replacing Bitcoin, and the long-term implications of how people choose to hold their wealth. From Schwab's Bitcoin ambitions to Tesla's next chapter, this is a wide-ranging conversation about institutional adoption, market structure, financial access, and the principles that make Bitcoin different. It’s a market-focused Space covering Bitcoin news, Charles Schwab, Bitcoin ETFs, RIA platforms, institutional adoption, Bitcoin price dynamics, the 21 million supply cap, self-custody, multi-sig security, paper Bitcoin, Tesla, and Elon Musk. 🎙️ MISSED THE LIVE SPACE? Bitcoin Today is a daily Bitcoin conversation hosted by founding member Loren and co-host Terence, featuring community members and special guests. Catch the full replay and hear the discussion for yourself. We’re live on X every weekday at 8:30 AM PT. 📍 FOLLOW BITCOIN TODAY Follow @BitcoinToday__ on X for daily Bitcoin conversations and new episode replays. 🎧 FOLLOW ON SPOTIFY Follow Bitcoin Today Recast for new episodes and more conversations about Bitcoin, markets, and the technology shaping the future of money. ⚡ SUPPORT BITCOIN TODAY Enjoy the show? Support Bitcoin Today and help us keep the daily conversation going. X Money: @LorenHodl