Robinhood crypto volume falls 48% in October as event contracts more than double
- Severity
- Low
- Sources
- 1
What happened
October crypto notional volume was $17bn (Robinhood app $6.8bn, Bitstamp $10.2bn), down 21% m/m and 48% y/y, with average daily volume at $548m versus $713m in September. Event contracts reached 5.9bn, up 5% m/m and 136% y/y. Bitcoin fell below $70,000 on Friday for the first time since August after a hot inflation report raised bets on a December Fed hike. US spot bitcoin ETFs logged six straight days of outflows and have erased net inflows for 2026. The figures are unaudited; watch November operating data and Q4 results in early 2027.
For experienced traders · Written by AI from 1 source · Wrong?
What to do
- Watch Robinhood's November operating data to see whether crypto activity recovers after the sell-off below $70,000.
- Note that the October figures are unaudited and preliminary, as all of Robinhood's monthly updates are.
Written by AI from the sources, checked against them