Robinhood Stock Down 8% As Crypto Revenue Plunges 38% - Robinhood Markets (NASDAQ:HOOD)

Robinhood (NASDAQ:HOOD) is down 8% in premarket after reporting crypto revenue decreased by 38% to $221 million in Q4.The Earnings MissTotal revenue rose 27% to a record $1.28 billion in Q4, but crypto dragged performance. Cryptocurrency transaction revenue fell 38% year-over-year to $221 million, down from $268 million in Q3.Moreover, total crypto notional volume reached $82 billion, but most came from Bitstamp, the exchange Robinhood acquired mid-2025. Trading volumes on the Robinhood app itself dropped 5 ...