Robinhood

Robinhood has been a retail trading darling of the pandemic era.

Founded in 2013 by Vladimir Tenev and Baiju Bhatt, Robinhood is a no-commission brokerage company based in Menlo Park, California. Robinhood offers a smartphone app that allows individuals to invest in public companies, exchange-traded funds listed on the U.S. stock exchanges, trade options and invest in bitcoin and other cryptocurrencies without paying a commission.

Robinhood formally launched cryptocurrency trading in 2018 by allowing users in 5 different US states to trade 14 cryptocurrencies. Later that year, the company announced a $363 million funding round with the aim of making Robinhood the largest cryptocurrency trading platform. In 2019, Robinhood received their BitLicense for New York State, allowing users to trade 7 different cryptocurrencies.

Authored by John Metais. Image via Shutterstock.

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Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.

Why it matters:

Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.