Robinhood crypto trading revenue falls 38% in Q2
- —Robinhood Q2 total revenue reached $1.31 billion
- —Crypto trading revenue fell 38% YoY to $100 million
- —Net interest revenue rose 9% to $389 million
- —US core PCE at 3.0% YoY; Fed rate at 3.75–4.00%
Why it matters: The drop in Robinhood's crypto revenue signals cooling retail demand for digital-asset trading amid the Fed's tight monetary stance.
Source: TokenPost