Charles Schwab and Fidelity Investments Block ETFs as Trading Volume Drops to 140th Rank

On March 24, 2025, The's trading volume reached 6.03 billion, marking a 34.97% decrease from the previous day, placing it at the 140th position in the daily market rankings.

Charles Schwab and Fidelity Investments have taken the unusual step of preventing their clients from investing in money-market exchange-traded funds (ETFs) on their trading platforms. This move has significant implications for investors who rely on these platforms for their ETF investments. The decision to block these investments is part of a broader trend of financial institutions implementing stricter controls on certain types of investments, particularly those that are perceived as high-risk or volatile.

This restriction affects three specific ETFs from BlackRock and Texas Capital, which are popular among investors for their liquidity and stability. The decision by Charles Schwab and Fidelity Investments to block these ETFs is likely to impact the overall market sentiment and could lead to a shift in investment strategies among their clients. Investors may need to explore alternative investment options or consider other platforms that offer access to these ETFs.