Robinhood Teases Launch of Bitcoin, Oil, and Gold Futures Trading

Robinhood Sparks Excitement by Teasing Upcoming Launch of Bitcoin, Oil, and Gold Futures Trading, Set to Revolutionize the Market. “Futures trading with our new intuitive trading ladder is coming soon to Robinhoo,” it shared in a recent X post.

Take a look into the future: https://t.co/oIzJWZcGxH

Futures trading with our new intuitive trading ladder is coming soon to Robinhood. pic.twitter.com/GtlZ4j6I9W
— Robinhood (@RobinhoodApp) October 16, 2024

In addition to bitcoin, oil, and gold, the new service will let customers trade S&P 500, USD, and EUR futures, according to Robinhood.

The stock trading and investing platform has been expanding its crypto offerings. Earlier this month, the platform began allowing customers to trade the Official Trump memecoin. Although Robinhood provides fewer trading options compared to many competitors, it listed popular tokens like SOL, ADA, XRP, and PEPE following Donald Trump’s election victory in November.

Previously, the exchange had stopped support for Solana, Cardano, and XRP in 2023 after the SEC targeted firms like Coinbase over the sale of unregistered securities. In October, Robinhood Crypto launched a feature allowing European customers to transfer around 20 cryptocurrencies, including Bitcoin and Ether, to and from other platforms like exchanges or wallets.

The company is also set to complete its acquisition of crypto exchange Bitstamp in the first half of 2025.