【Market Update】Robinhood Hits Record Revenue in Q3, but Crypto Revenue Plunges
Robinhood Q3 results: Total revenue reached $1.42 billion, up 12% year over year, and platform assets hit $396 billion. Net income was $476 million, down 14% year over year. But crypto revenue fell 55% year over year to around $120 million, while trading volume dropped 48% to $21 billion. By contrast, options revenue rose 31%, and event contracts surged sixfold. What do you make of these mixed results?
$BTC $ETH $SOL #Robinhood #财报 #加密市场 Source: CryptoPotato. Investing involves risk; proceed with caution.
Robinhood Q3 results: Total revenue reached $1.42 billion, up 12% year over year, and platform assets hit $396 billion. Net income was $476 million, down 14% year over year. But crypto revenue fell 55% year over year to around $120 million, while trading volume dropped 48% to $21 billion. By contrast, options revenue rose 31%, and event contracts surged sixfold. What do you make of these mixed results?
$BTC $ETH $SOL #Robinhood #财报 #加密市场 Source: CryptoPotato. Investing involves risk; proceed with caution.
