In a striking development, Robinhood has reported a substantial 61% increase in cryptocurrency trading volume for August, totaling $17.5 billion. This jump represents a notable rise from the previous month, yet overall volume remains 38% lower compared to the same period last year. The company, renowned for its online brokerage services, offers trading options in stocks, options, and digital currencies.
How Did Bitstamp Contribute?
A detailed review of the August 2026 activity report reveals that Bitstamp accounted for $10.1 billion of the total crypto volume, with the remaining $7.4 billion generated through Robinhood’s own application. Acquired by Robinhood in June 2025, Bitstamp has emerged as a dominant platform in the firm’s cryptocurrency transactions during this period.
Was Bitstamp Leading in the Second Quarter?
Yes, Bitstamp remained a major contributor to Robinhood’s crypto trading volume in the second quarter. Of the $40 billion total crypto volume recorded during that period, $22 billion came from Bitstamp, while Robinhood’s application accounted for $18 billion. This distribution underscores ongoing tangible benefits from Bitstamp’s integration into Robinhood’s crypto arm.
Despite a 53% rise in Bitstamp’s transaction volume from July, it still saw a 30% decrease compared to the previous year. On the other hand, Robinhood’s application experienced a 72% monthly increase, although it stayed 46% below August 2025 levels.
Robinhood’s move to integrate Bitstamp has allowed its crypto division to benefit from the purchase’s synergy.
Robinhood noted a drop in crypto-related revenues in the second quarter, decreasing 38% year-on-year to $100 million. Previously, the brokerage reported revenues of around $160 million from this segment. Yet, the dip was countered by the growth in derivatives and stock trades, resulting in record quarterly revenue and profits for Robinhood.
Robinhood declared that the crypto volume originating from Robinhood Chain was not included in the stated figures.
- July saw a 53% surge in Bitstamp’s transaction volume, despite a year-on-year decrease.
- Robinhood’s app achieved a significant 72% monthly growth, still lagging behind year-ago figures.
- Synergies from Bitstamp’s integration into Robinhood continue to yield benefits.
Robinhood has also clarified that the figures do not encompass the crypto volume stemming from Robinhood Chain, thus the reported totals solely reflect transactions conducted through Bitstamp and the Robinhood app.
