Robinhood's earnings provide a clear signal of where retail enthusiasm stands. Transaction-based revenue climbed 15% year-over-year to $776 million, fueled by options and equities trading. In contrast, cryptocurrency revenue dropped 38% to $221 million.
Retail participation in markets continues at a healthy pace, as broader trading volumes make clear. The difference now is that crypto no longer sits at the center of that activity the way it did during the peak of the cycle.
The way prices have behaved points in the same direction. Bitcoin now trades around $65,400, roughly 46% below its $122,000 all-time high. Ethereum sits near $1,915, down about 60% from...
Login or create a forever free account to read this news
Sign up/Log in
