Robinhood teases bitcoin futures trading in addition to oil and gold

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The Block2025/01/28 16:00

By:The Block

Quick Take Trading platform Robinhood teased futures trading for bitcoin, oil and gold, saying the new service is “coming soon.”

Robinhood teases bitcoin futures trading in addition to oil and gold image 0

Popular trading platform Robinhood teased futures trading for bitcoin, oil and gold on Wednesday, with the note that the new service is "coming soon."

"Futures trading with our new intuitive trading ladder is coming soon to Robinhood," the company said in a post to X . Besides bitcoin, oil and gold, the new service will allow customers to trade SP 500, USD and EUR futures, Robinhood said in post to its website.

The stock trading and investing platform has increasingly sought to offer additional crypto-related investment opportunities. Earlier this month, Robinhood began allowing its customers to trade the Official Trump (TRUMP) memecoin. Although the platform offers far fewer trading options than many of its competitors, following Donald Trump’s election victory in November, it listed popular tokens like SOL, ADA, XRP and PEPE.

The exchange had previously discontinued support for solana, cardano and XRP in 2023 after the U.S. Securities and Exchange Commission targeted firms like Coinbase in alleged relation to the sale of unregistered securities.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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