10-Q, Member Exclusive

Robinhood: From capturing trading market share to its ambition to tap into industry assets

  • While trading forms the bedrock of the investment platform, Robinhood has embraced the ethos of diversification.
  • New product adoption and revenue from non-trading sources, particularly from retirement accounts, were key contributors to the significant growth seen in Q4 2023 results.
Sara Khairi | February 20, 2024
close

Email a Friend

Jack of all trades (pun intended), master in some.

by SARA KHAIRI

While Gen AI has been the primary focus of discussions quite recently, attention has also shifted to bitcoin after the SEC approved US-listed ETFs. This development has sparked renewed interest and conversation surrounding cryptocurrency within the broader conversation.

Crypto advocates are optimistic that the advent of bitcoin ETFs will likely propel a surge in demand for the asset class and attract a diverse array of investors who had previously been hesitant due to lingering concerns about custody practices and the safety of crypto exchanges.

While this might hold water for novice crypto investors, it doesn’t quite ring true for Robinhood traders who still opt to trade in spot bitcoin rather than bitcoin ETFs. Despite the online brokerage offering all the 11 spot Bitcoin ETFs since January 11, the first day of trading, only 5% of overall trading in crypto has come through the ETF, with 95% still executed via spot trading, according to Jason Warnick, CFO Robinhood. However, this trend could become clearer once the next Q1 2024 results are in.

While trading forms the bedrock of the business, the investment platform has embraced the ethos of diversification.

subscription wall for TS Pro

0 comments on “Robinhood: From capturing trading market share to its ambition to tap into industry assets”

10-Q, Member Exclusive

Fifth Third is trying to make a bigger bank feel simpler

  • Fifth Third is simplifying its lineup as it grows, giving customers clearer products built around specific financial needs.
  • Its broader strategy is to expand what the bank can do while making the user experience feel increasingly simple.
Sara Khairi | September 11, 2026
Banking, Member Exclusive, Podcasts

Venture banking 3.0: How Stifel is rebuilding trust after Silicon Valley Bank

  • Stifel's Katya Kohen explains how venture banking is being rebuilt into what she calls 3.0 after Silicon Valley Bank's collapse.
  • She breaks down why bigger banks and neobanks each fell short of replacing SVB, and why venture debt has become essential capital for AI founders.
Zack Miller | September 09, 2026
Member Exclusive, The Quarterly Review

The Quarterly Review: BNY’s Carl Slabicki is pushing toward practical innovation

  • Carl Slabicki is Head of Commercial for Global Payments & Trade at BNY, where he leads client strategy across payments, liquidity, and trade for the firm's global commercial clients.
  • This quarter, Slabicki is focused on connecting capabilities across BNY, driving practical modernization, and grounding conversations around digital assets and AI in client execution.
Rabab Ahsan | September 08, 2026
Member Exclusive, Opinion

The infrastructure paradox: The better you become, the harder customers are to keep

  • Financial infrastructure is becoming part of the business itself, changing what customers are willing to outsource.
  • Providers now have to grow with their customers and keep expanding their value as those customers begin to question how much of the stack they should continue to outsource.
Sara Khairi | September 04, 2026
Business of Fintech, Member Exclusive

Financial firms are building new businesses from the layers beneath their products

  • Intuit is opening up its financial intelligence to AI agents, while SoFi is making its infrastructure programmable.
  • Both firms are betting that the layers beneath their products can become businesses in their own right, creating value across new interfaces, businesses, and customer relationships.
Sara Khairi | September 03, 2026
More Articles