Robinhood (NASDAQ:HOOD) is preparing to introduce futures trading for Bitcoin (CRYPTO: BTC), oil, gold and major financial indices, signaling a strategic move into derivative markets.
What Happened: The trading platform hinted at the upcoming feature on social media, with details shared on its website.
According to Robinhood, the expansion will allow users to trade futures contracts tied to the S&P 500, U.S. dollar and euro, in addition to cryptocurrencies and commodities.
The move aligns with the company’s ongoing efforts to diversify its investment products beyond stocks and options.
Robinhood has been steadily expanding its crypto services, recently listing the Trump (CRYPTO: TRUMP) meme coin on its platform.
This follows its reintroduction of popular digital assets, including Solana (CRYPTO: SOL), Cardano …
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