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Robinhood Crypto Performance Dips Significantly, But Transaction Revenue Grows Thanks to Market Making

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**Robinhood Reports Q1 2026 Crypto Slump, But Overall Trading Revenue Rises** April 29 — Robinhood Markets Inc. posted a sharp decline in its crypto business for the first quarter of 2026, even as overall trading revenue and net profit edged up. Crypto revenue hit $134 million, a 47% year-over-year (YoY) drop, while trading volume on its native app totaled $240 billion — a 48% YoY decline. The slump has persisted since late 2025, with Q4 2025 crypto trading revenue falling 38%. The acquired Bitstamp exchange contributed $42 billion in trading volume for the quarter, though Robinhood did not share year-over-year comparison data for Bitstamp. Despite crypto weakness, overall trading revenue rose 7% YoY to $623 million, driven by a **320% surge in options revenue** (to $260 million). Stock revenue jumped 46% YoY to $82 million. Net profit reached $346 million, a 3% YoY increase. Per Bitget market data, Robinhood’s stock price fell more than 6% in after-hours trading following the earnings release.
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Binance Alpha will support the short-term suspension of trading for AITECH to swap to ACN

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Preview: Powell Takes the Stage Tonight, Fed Chair's Regular Public Q&A Session Could Become History

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Suspected BitMine Address Receives 25,000 ETH, Valued at Approximately $57.13 Million

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Another Crypto Project Shuts Down: Lending Protocol Tropykus Closes Current Version, Deposits and Borrowing Features Permanently Disabled

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