Blockchain

How Robinhood users are holding blockchain ETFs

Quick Take

  • Robinhood has over 4 million daily active users who check the app ten times a day
  • In January 2018, the startup launched crypto trading
  • While The Block has unable to pull cryptocurrency trading and ownership data from Robinhood, we were able to access data on blockchain ETFs

With over 4 million daily active users that check their app ten times a day, on average, Robinhood has captured the minds of the average young retail trader.

In January 2018, the California-based startup added crypto trading, hoping to catch the tail-end of the crypto hype. One interesting thing about Robinhood is its API offering, which lets developers pull data on the popularity of stock holdings on Robinhood.