Robinhood’s crypto volume increases 61% in August, still down 38% YoY

Robinhood reported that its crypto trading volume rose 61% month-on-month to $17.5 billion in August, but remained 38% below the same month a year earlier. Bitstamp, the exchange Robinhood acquired in June 2025, contributed $10.1 billion of August volume while the Robinhood app accounted for $7.4 billion.

By AI NewsroomPublished about 4 hours agoUpdated about 4 hours ago0 views

Robinhood’s crypto volume increases 61% in August, still down 38% YoY

Why It Matters

The split between Bitstamp and the Robinhood app shows how the June 2025 acquisition has shifted where Robinhood’s crypto activity sits, and the numbers highlight that month-to-month recovery in trading has not yet erased year-over-year declines in crypto engagement and transaction revenue.

Key Facts

Total crypto volume (August): $17.5 billion
Month-on-month change (total): up 61%
Year-on-year change (total): down 38%
Bitstamp contribution (August): $10.1 billion
Robinhood app contribution (August): $7.4 billion

Robinhood’s August crypto trading volume rose to $17.5 billion, a 61% increase from July, according to the company’s August 2026 monthly operating report. Despite the month-on-month gain, total crypto activity remained 38% below August of last year.

Bitstamp, the crypto exchange Robinhood acquired in June 2025, made up the larger share of August volume with $10.1 billion. Bitstamp’s volume was up 53% from July but still trailed the prior year by 30%. Trading on the Robinhood app accounted for $7.4 billion in August, a 72% increase from July but a 46% drop versus August 2025.

The acquisition’s impact was also visible in the second quarter, when Bitstamp provided $22 billion of Robinhood’s $40 billion crypto volume while the Robinhood app contributed $18 billion. At the same time, Robinhood’s crypto transaction revenue for the second quarter fell about 38% year-on-year to $100 million from roughly $160 million a year earlier.

Robinhood noted that crypto volume from the Robinhood Chain was excluded from the reported figures. The company said growth in event contracts, options and equities offset the decline in crypto transaction revenue, enabling it to post record quarterly revenue and earnings.