Robinhood’s Rothera Volume Jumps to $805M Weekly on World Cup Boost
HOOD•Robinhood’s Rothera prediction market saw weekly trading volumes surge to $805 million from $2.1 million since late May, joining Kalshi’s 62% share of a record $14.5 billion weekly volume. Bernstein calls the World Cup a potential watershed moment that could accelerate Robinhood’s prediction market growth.
1. Rothera Volume Surge
Since late May, Robinhood has routed prediction market wagers to Rothera, where weekly trading volumes exploded to $805 million from just $2.1 million. This rapid uptake highlights growing user engagement with sports prediction products on the Robinhood platform.
2. Kalshi Dominance in Prediction Markets
Kalshi captured 62% of the $14.5 billion weekly trading volume in prediction markets and saw outstanding bets reach $1.6 billion for the third straight week. This market leadership underscores the competitive landscape Robinhood faces in expanding its own offerings.
3. World Cup as Growth Catalyst
With the FIFA World Cup driving unprecedented interest, Bernstein projects the tournament could be a watershed moment for the prediction market sector. Robinhood’s timing in scaling its Rothera routing could position the firm to capitalize on heightened demand through the competition’s knockout stages.
