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Spot Crypto Volumes May Lead to Incoming Volatility

Spot Crypto Volumes May Lead to Incoming Volatility

Robinhood stock is one of the year’s best performers, up an astounding 145% YTD and as much as 187% from its lowest close in April. The company continues to progress towards its goal of creating the world’s number one financial ecosystem including an all-in-one investment app with the potential to launch its own stablecoin.  

Robinhood’s stock is significantly outperforming the broader indices both YTD and since April. Source: YCharts. 

Despite the ‘super app’ vision and diversification into new products and markets, Robinhood stock’s growth profile today is tied to three core levers: net interest revenue, crypto, and options trading.  

Being first to market for lower friction crypto offerings for consumers is at the heart…

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