Robinhood is broadening its futures market presence by introducing Bitcoin and Ethereum contracts, in addition to oil and the S&P 500 index, to attract experienced traders. The company plans to launch these futures offerings on its trading app in the near future, including Bitcoin contracts, micro Bitcoin futures, Bitcoin Friday futures, Ethereum futures, and micro Ethereum futures. These micro futures aim to make futures trading more accessible to retail and smaller-scale investors. Robinhood unveiled these plans at its inaugural customer conference, HOOD Summit, where it also introduced its new desktop platform, Robinhood Legend, tailored for active traders. The platform offers advanced tools, real-time data, and the ability to trade futures and index options directly from the app. With competitive fees and user-friendly interface, Robinhood aims to compete with established players in the derivatives market, providing traders with more sophisticated exposure to assets like Bitcoin. Read more AI-generated news on: https://app.chaingpt.org/news

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