$HOOD dropped their September numbers and they're actually pretty wild.
Sept 1-24:
• $267B in equity volume
• 234M options contracts
• $17B crypto ($7B on their app, $10B via Bitstamp)
• 4.4B event contracts traded
That options number is insane. Retail is still very much in the game, and they're swinging hard. The event contracts (basically prediction markets) at 4.4 billion shows people are betting on everything now—not just stocks.
Crypto split is interesting too. Bitstamp doing more volume than their own app tells you institutional/serious traders are using the pro tools while retail sticks to the simple interface.
Robinhood's basically become the everything exchange for a generation that doesn't care about the old gatekeepers.
Sept 1-24:
• $267B in equity volume
• 234M options contracts
• $17B crypto ($7B on their app, $10B via Bitstamp)
• 4.4B event contracts traded
That options number is insane. Retail is still very much in the game, and they're swinging hard. The event contracts (basically prediction markets) at 4.4 billion shows people are betting on everything now—not just stocks.
Crypto split is interesting too. Bitstamp doing more volume than their own app tells you institutional/serious traders are using the pro tools while retail sticks to the simple interface.
Robinhood's basically become the everything exchange for a generation that doesn't care about the old gatekeepers.