Robinhood Jumps into Bitcoin Futures Trading
Stock trading app Robinhood is expanding further into crypto by launching Bitcoin futures products. On Jan. 29, Robinhood revealed it is rolling out futures trading for several assets – including BTC and ETH futures – to its user base. This push will diversify Robinhood's offerings beyond stocks and spot crypto, which it added in 2018.
The Bitcoin futures will pit Robinhood against established players like CME Group and Coinbase's derivatives arm. It follows Robinhood's moves in late 2024 to add more altcoins and even experiment with prediction markets. The company's entry into crypto futures underscores the growing interest among retail-focused platforms to offer advanced crypto trading instruments.
Source: Cointelegraph – Robinhood hints at Bitcoin futures launch