According to Bernstein's research report, Robinhood is expected to be the biggest beneficiary of the potential relaxation of cryptocurrency regulations in the United States. With the possible emergence of pro-cryptocurrency policies from the U.S. Securities and Exchange Commission (SEC), Robinhood's market potential is expected to increase significantly. Bernstein has raised the target stock price of this trading platform from $30 to $51 and maintained an outperform rating on its stock.

Additionally, Robinhood recently acquired the cryptocurrency exchange Bitstamp, which will enhance its ability to provide value-added cryptocurrency services.