2 hours ago
Robinhood (HOOD) has introduced micro futures connected bitcoin (BTC), solana (SOL) and XRP successful the United States., expanding its existing crypto futures offering for its astir 26 cardinal funded accounts.
Micro contracts request acold little collateral than full-size futures, letting traders instrumentality directional positions portion committing a smaller portion of capital.
The contracts connection traders much flexibility to stake connected a cryptocurrency’s aboriginal terms absorption oregon hedge existent positions fixed their smaller size.
The motorboat rounds retired a futures suite that began with BTC and ETH successful January. It besides comes weeks aft the steadfast closed its $200 cardinal acquisition of Bitstamp and finalized a $179 cardinal woody for Canada’s WonderFi.
Robinhood’s data shows that crypto notional volumes person exploded upward implicit time, reaching $11.7 cardinal successful May. The fig marks a 36% emergence month-over-month, and a 65% maturation year-over-year.
English (US) 