Robinhood Crypto Volume Jumps 24% in September, Bitstamp Drives Growth
HOOD sits 83% above its 52-week low of $63.515.
Summary
Robinhood's crypto trading volume accelerated in September, with daily notional volume up 24% month-over-month. August volume reached $17.5B, a 61% jump from July's $10.9B, though still 38% below August 2025. The acquired Bitstamp exchange contributed $10.1B of August volume, while the Robinhood app added $7.4B. Separately, Robinhood Chain's DEX activity exceeded $1.5B daily in early September, not included in these figures. The trend suggests crypto is becoming a more meaningful revenue driver, though year-over-year comparisons remain weak.
At the time of this announcement, HOOD was trading at $115.93 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $104.7B. The 52-week trading range was $63.52 to $153.86. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Crypto Briefing.