Robinhood Crypto Volume Rises 61% in August but Remains Down 38% Year Over Year

Robinhood’s crypto trading volume increased 61% in August, although activity remained 38% below the level recorded a year earlier, according to Cointelegraph. Bitstamp contributed $10.1 billion to the company’s August crypto volume. Trading conducted directly through the Robinhood app was also weaker year over year, falling 46%. The figures show a mixed performance across Robinhood’s crypto operations: overall volume improved in August, while both the broader year-over-year comparison and activity on the company’s app remained lower. Bitstamp’s contribution represented a notable portion of the reported August volume, highlighting the role of the platform in Robinhood’s crypto activity.