{"id":80104,"date":"2023-06-12T20:38:46","date_gmt":"2023-06-12T17:38:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=80104"},"modified":"2025-09-11T14:49:10","modified_gmt":"2025-09-11T11:49:10","slug":"robinhoods-crypto-trading-volume-falls-68","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/robinhoods-crypto-trading-volume-falls-68\/","title":{"rendered":"Robinhood&#8217;s crypto trading volume falls 68%"},"content":{"rendered":"<p>The Robinhood platform <a href=\"https:\/\/www.globenewswire.com\/en\/news-release\/2023\/06\/12\/2686294\/0\/en\/Robinhood-Markets-Inc-Reports-May-2023-Operating-Data.html\">reported<\/a> a decline in crypto-asset trading volume. The May figure was 68% lower than the corresponding period in 2022 ($2.1 billion and $6.6 billion, respectively).<\/p>\n<p><!--more--><\/p>\n<p>Crypto-asset turnover in the last month fell 43% compared with April. The figure declined despite growth in stock trading volumes (+27%) and in options (+29%).<\/p>\n<p>The number of active users on the platform over the year fell from 14.6 million to 10.6 million. The April figure was 11.5 million.<\/p>\n<p>Total assets under custody at Robinhood rose to $81.8 billion. In April it stood at $77.4 billion, and in May last year at $73.9 billion.<\/p>\n<p>Earlier ForkLog reported that in the first quarter of 2023 Robinhood&#8217;s revenue from cryptocurrency operations <a href=\"https:\/\/u1f987.com\/en\/news\/robinhoods-cryptocurrency-revenue-falls-30-year-on-year\">slumped by 30%<\/a>. <\/p>\n<p>From June 27, the platform <a href=\"https:\/\/u1f987.com\/en\/news\/robinhood-to-discontinue-support-for-cardano-polygon-and-solana\">will discontinue<\/a> support for the cryptocurrencies Cardano, Polygon and Solana.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Robinhood platform reported a fall in crypto-asset trading volume.<\/p>\n","protected":false},"author":1,"featured_media":80105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1234,958],"class_list":["post-80104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-robinhood","tag-trading-volume"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=80104"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80104\/revisions"}],"predecessor-version":[{"id":80106,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/80104\/revisions\/80106"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/80105"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=80104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=80104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=80104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}