Robinhood Reports 300% Surge in Q3 Crypto Revenue, Exceeding Expectations

Robinhood has announced a remarkable 300% increase in its crypto trading revenue for Q3, contributing to a total revenue of $1.27 billion. This growth surpasses Wall Street expectations and reflects a rising interest in cryptocurrency among retail investors. Despite the positive financial results, Robinhood's shares dipped in after-hours trading, highlighting the unpredictable nature of market reactions.