Robinhood Markets, Inc. reported strong operating data for April 2026, with funded customers reaching 27.6 million, up 7% year-over-year. Total platform assets rose 49% to $345 billion, driven by a 12% increase from March. Equity and options trading volumes surged 57% and 34% year-over-year respectively, while crypto trading volumes declined 33% month-over-month but grew 38% year-over-year. Net deposits remained robust at $6 billion for April, supporting continued growth. This data highlights Robinhood's expanding user base and asset growth amid mixed trading activity, signaling resilience and potential for further market engagement.
On December 1, 2025, YieldMax Ultra Option Income Strategy ETF (ULTY) executed a 1-for-10 reverse split, raising its share price tenfold but not increasing investor value. The fund charges a high 1.24% expense ratio, significantly more than comparabl...
YieldMax Ultra Option Income Strategy ETF (ULTY) promises a high annualized yield near 62% through weekly distributions by selling options on volatile tech stocks. However, its total return over the past year was -4.8%, far below the S&P 500's 22% ga...
A Robinhood user reports persistent attempts by scammers to change the email address on their empty account. Despite having no funds in the account, the user receives notifications and finds the dispute contact number unhelpful, with no live support ...
Robinhood launched its Chain's public mainnet on July 1, 2026, quickly reaching over $70 million in ETH bridged and nearly 193,000 daily active wallets. However, Robinhood is subsidizing gas fees for 90 days, making early usage artificially high. The...
A crypto trader invested about $85 in the meme coin CASHCAT on the Robinhood Chain and saw its value soar to over $2 million after the chain's public launch and CEO Vlad Tenev's endorsement of meme coins. The Robinhood Chain, focusing on tokenizing t...
