Robinhood, the US-based online brokerage platform, reported a significant increase in its cryptocurrency trading volumes for August 2026, rising 61% month-on-month to reach $17.5 billion. Although this marks a strong recovery compared to July, the figure remains 38% lower than levels reported in August 2025.
Breakdown of Trading Volumes
In its latest monthly operating update, Robinhood revealed that the majority of this crypto trading activity came through Bitstamp, the digital asset exchange it acquired in June 2025. Bitstamp contributed $10.1 billion to the August total, while the Robinhood trading app accounted for $7.4 billion in volume.
Bitstamp’s trading volume saw a 53% increase compared to the previous month, but volumes remained 30% below those reported a year ago. The Robinhood app’s trading volume jumped 72% month-on-month, though was still down 46% versus August 2025.
Bitstamp, founded in 2011, is one of the longest-operating cryptocurrency exchanges, known for its euro-to-bitcoin trading pairs and regulatory compliance.
Mini dictionary: Bitstamp, a Luxembourg-based cryptocurrency exchange acquired by Robinhood in 2025, is recognized for its global client base, robust security standards, and industry longevity.
| Platform | August 2026 Volume | Month-on-Month Change | Year-on-Year Change |
|---|---|---|---|
| Bitstamp | $10.1 billion | +53% | -30% |
| Robinhood App | $7.4 billion | +72% | -46% |
| Total | $17.5 billion | +61% | -38% |
Quarterly Revenue and Volume Trends
In the second quarter of 2026, Bitstamp was the primary contributor to Robinhood’s total cryptocurrency trading volume. Bitstamp recorded $22 billion in volume, compared to $18 billion from the Robinhood app, out of a company-wide total of $40 billion for the quarter. Despite this activity, Robinhood’s revenue from crypto transactions dropped sharply to $100 million in the second quarter, down 38% from approximately $160 million in the same period last year.
The company stated that robust growth in event contracts, options, and equities compensated for weaker performance in digital asset trading, contributing to record quarterly revenue and earnings for the brokerage.
Robinhood attributed its record quarterly earnings to strong growth in event contracts, options, and equities, which outweighed a decline in crypto transaction revenue.
Exclusions and Future Projections
Robinhood clarified that the August trading volume figures do not include crypto activity from Robinhood Chain, its Ethereum-compatible decentralized network that enables DeFi and cross-chain trading.
A recent analysis from research firm Bernstein projected that Robinhood Chain could generate approximately $160 million in annual fees by 2028, further diversifying Robinhood’s revenue streams.
The August report underscores how Robinhood continues to expand its footprint in the digital asset sector through acquisitions and technology development, despite significant year-on-year declines in crypto volumes during 2026.
