Robinhood Brings Always-On US Crypto Futures with Up to 10x Leverage

Robinhood is launching US crypto perpetual futures for Bitcoin and Ether with up to 10x leverage, enabled by a CFTC no-action letter. The product allows markets to be always on, merging liquidity and advancing tokenized stocks and US perps.

Nicola White, Robinhood's vice president of institutional crypto, explains how the company wants markets that never close. This move accelerates retail and institutional adoption by highlighting risk and security considerations from 2022 leverage limits, AI trading agents, sub-account controls, and broader crypto/CEX/DeFi market impacts.

Bitstamp perps play a significant role in this development, as do the CFTC no-action letter and Robinhood Derivatives. White notes that institutions want to use Bitcoin for more than just investment, citing its potential for tokenized stocks and the basis trade.