Robinhood Crypto Volume Jumps 61% in August

The update

Robinhood’s crypto trading volume rebounded 61% month-over-month to $17.5 billion in August, according to the company’s monthly operating report. The jump follows a slow July, when volume sat at $10.9 billion. However, the data reveals a split between retail and institutional activity. Trading on the Robinhood app accounted for $7.4 billion of the total, up 72% from July but down 46% compared to a year ago. In contrast, Bitstamp—Robinhood’s exchange acquired in 2025—contributed $10.1 billion, up 53% from July.

Why it matters

This volume surge masks a shift in who is driving crypto activity on the platform. The decline in retail app trading suggests that individual investors are pulling back, while the rise in Bitstamp’s volume points to increasing institutional engagement. The platform’s total assets reached $384 billion, up 26% year-over-year, and funded customers grew to 28.6 million.

What to watch

Prediction markets have overtaken crypto as Robinhood’s fastest-growing revenue source. Event contracts traded 4.7 billion times in August, roughly 15 times the volume from a year earlier. Regulators are also eyeing these prediction markets, which could impact future growth.

Sources

• decrypt.co — August volume figures, Bitstamp contribution, retail vs. institutional split, prediction market growth.
• cointelegraph.com — Confirmation of Bitstamp's $10.1B contribution, year-over-year performance of app trading.