Schwab Crypto Thematic ETF Price & Performance (STCE)

Charles Schwab announced it will introduce direct cryptocurrency spot trading within a year, marking a major move into digital assets for the $7 trillion brokerage. The initiative, driven by clearer U.S. regulations, will allow millions of Schwab clients to directly trade Bitcoin and Ethereum, intensifying competition with established crypto platforms.123

The Schwab Crypto Thematic ETF (STCE) has underperformed, dropping 27% year-to-date and 18% over the past month, compared to a 1.3% decline in the MSCI ACWI Index for 2025. The fund tracks companies involved in the crypto economy, offering indirect exposure to digital assets rather than direct crypto ownership.234

Technical analysis points to a continued weak outlook for the Schwab Crypto Thematic ETF. Despite a recent 1.97% price uptick and higher volume, the ETF remains in a broad downward trend, with forecasts indicating a potential 38% decline over the next three months. Volatility and risk remain elevated.456