Robinhood has expanded access to its prediction markets,
allowing users to trade at any time of the day. The update was shared in a post
on X, where the company said the markets are now open 24 hours a day and seven
days a week.
The development follows rapid growth in Robinhood’s
prediction-market activity. The platform traded 2.3
billion event contracts in the third quarter and 2.5 billion in October.
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Launched earlier this year after initial regulatory
challenges, the product has become one of the broker’s fastest-growing
segments. Robinhood said the unit, combined with Bitstamp, generated about $100
million in annualised revenue, although it did not disclose a separate figure
for prediction markets.
Retail Traders Gain 24/7 Market Access
The initial contracts focused on interest-rate decisions and
major sports tournaments. The change in trading hours comes after adjustments
by Kalshi, the regulated exchange that powers Robinhood’s event-based
contracts.
Prediction markets on Robinhood are now open 24/7. Trade your insights anytime, day or night.
— Robinhood (@RobinhoodApp) November 17, 2025
Under the new schedule, users can trade throughout the day,
including overnight, without aligning with traditional market hours. This gives
retail traders continuous access to outcomes tied to economic or sports events.
Crypto, Options, Equities Drive Robinhood’s Latest
Quarterly Results
Robinhood reported growth across its key revenue
streams. Revenue from cryptocurrency trading rose to $268 million, while
options trading generated $304 million. Equities revenue increased to $86
million. The platform recorded $80 billion in notional crypto trading volume,
split evenly between the Robinhood app and Bitstamp.
Interest income reached
$456 million, up 66 per cent, and revenue from other sources, including
subscriptions, doubled to $88 million. The number of Robinhood Gold subscribers
reached 3.9 million. Net income climbed to $556 million, representing a 271 per
cent yearly increase, while diluted earnings per share rose 259 per cent.
The
company also announced that CFO Jason Warnick will retire next year, with Shiv
Verma named as his successor.
This article was written by Tareq Sikder at www.financemagnates.com.
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