Robinhood October net deposits rise to $15.1 billion from $6.1 billion in September
HOOD•Robinhood reported October net deposits of $15.1 billion, up from $6.1 billion in September, while platform assets fell 3% month over month to $383.2 billion.
HOOD•Robinhood reported October net deposits of $15.1 billion, up from $6.1 billion in September, while platform assets fell 3% month over month to $383.2 billion.
Robinhood reported $15.1 billion in October net deposits, a 46% annualized growth rate. Crypto trading volumes fell 21% month over month to $17 billion and 48% year over year, while event contracts traded rose 136% year over year to 5,900 million. Margin balances increased 4% month over month to $22.9 billion, up 39% year over year.