Robinhood, the trading app popular among millennials, is set to expand its offerings into the futures market, adding Bitcoin and Ethereum alongside oil and the S&P 500 index. The move is part of the company’s strategy to attract more experienced traders and compete with established players like Charles Schwab and Morgan Stanley’s E*TRADE.
The new offerings, which are expected to be available in the coming months, will include Bitcoin contracts, micro Bitcoin futures, Bitcoin Friday futures, Ethereum futures, and micro Ethereum futures. The app will also introduce a new desktop platform, Robinhood Legend, designed specifically for active traders and offering advanced charting tools, customizable layouts, and real-time data.
