Robinhood's Crypto Show! 🚀
- Robinhood saw a 112% increase in crypto trading volume in Q3 2024, reaching $14.4 billion.
- However, it was down from a peak of $36 billion at the beginning of the year.
- Crypto trading revenue increased by 165% to $61 million, but was down from $81 million last quarter.
- Total revenue was $637 million, with net income of $150 million.
- CEO Vlad Tenev expressed pride in the results and talked about new initiatives.
Where do you think the crypto market is headed? Let's meet in the comments! 💬📈