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Robinhood just released its trading figures for the end of March, and honestly, the crypto side is impressive. They report a nominal crypto volume of about $16 billion from March 1 to March 27. About $5 billion on their Robinhood app directly, and the rest on another major exchange platform. Knowing that the total stock trading volume is around $196 billion, this shows that crypto is really gaining ground among retail traders.
What surprises me a bit is that options contract volumes are much more modest (187 million), while prediction markets are booming at $2.6 billion. Apparently, people are more interested in betting on events than traditional options. The full quarterly data will be in their Q1 report, so we'll have a better overall picture soon. Do you think these crypto volumes will keep rising?