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Robinhood (HOOD) introduced micro futures on bitcoins
Solana and XRP in the United States. Expanding its existing Crypto Futures offer for its nearly 26 million financed accounts.
Micro contracts need much less collateral than full -size futures, allowing traders to take directional positions in committing a smaller piece of capital.
Contracts offer more flexibility to traders to bet on the future price direction of the cryptocurrency or to ensure current positions with respect to their smaller size.
The start is completed by the futures set, which began in January BTC and ETH. There are also weeks after the company Closed his purchase Bitstamp $ 200 million and finished and Agreement of $ 179 million for Canadian Wonderfi.
ROBINHOOD’S data It shows that cryptocurrency volumes exploded over time and reached $ 11.7 billion in May. This number means a 36% increase in the monthly month and 65% year -on -year.
