Robinhood Crypto Trading Volume Sees 24% Monthly Jump
Robinhood's crypto trading desk has reported significant growth for two consecutive months. The daily notional crypto trading volume increased by 24% in September compared to August, according to a recent report.
This growth is an extension of the trend seen in August, where volumes surged 61% over July. In August, Robinhood's daily average trading volume reached around $565M, with total notional crypto trading volume reaching $17.5B.
If the September increase holds across the full month, the platform would be tracking somewhere north of $700M per day. However, it is worth noting that August 2026's volumes were still 38% lower than those seen in August 2025, when traders pushed $28.1B through the platform.
The volume split between Robinhood's two crypto channels is also noteworthy. In August, Bitstamp contributed $10.1B of the total, while the Robinhood app itself accounted for $7.4B.