Robinhood is expanding deeper into crypto, announcing that it plans to launch perpetual futures trading for eligible U.S. customers in the coming months. These are contracts that track the price of assets like Bitcoin and Ether, letting traders take long or short positions without owning the token itself. The headline change: up to 10x leverage, allowing users to control a much larger position than their initial capital would allow.
Robinhood says trading will be offered through Robinhood Derivatives, its registered futures commission merchant. The company announced the plan at its HOOD Summit, and it has also completed its $200 million acquisition of Bitstamp. Perpetual futures are widely used on offshore crypto venues but have been largely absent from mainstream U.S. retail platforms. The key thing to watch next: how widely Robinhood brings this to eligible U.S. customers in the coming months.