According to TechFlow, The Block reported that on July 2, in response to rumors that Robinhood Markets was considering launching cryptocurrency futures in the United States and Europe, a Robinhood spokesperson told the media that there are currently no plans to launch crypto derivatives. Although Robinhood's cryptocurrency business unit received a Wells notice from the U.S. Securities and Exchange Commission in early May, Robinhood is still committed to expanding its cryptocurrency business. It is reported that the company's cryptocurrency trading volume in the first quarter of 2024 increased by 224%.