Robinhood’s August crypto trading volume jumps 61% from July

Robinhood’s crypto trading volume rose 61% from the previous month to $17.5 billion in August, The Block reported. The figure includes trading volume from Bitstamp, Robinhood’s subsidiary, which totaled $10.1 billion. Despite the monthly increase, August volume was down 38% from a year earlier. Robinhood acquired crypto exchange Bitstamp from Nexon for $200 million in 2024.