Online broker Robinhood has confirmed plans to introduce support for Bitcoin and Ether futures.
In a statement, Robinhood acknowledges customer demand and says they will now be able to trade S&P 500, oil, Bitcoin, etc. directly from the Robinhood app.
This news comes after Bloomberg reported in July that Robinhood planned to offer CME-based Bitcoin and ether futures in the US, as well as Bitcoin and other crypto perpetual futures in Europe through its acquisition of Bitstamp.
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However, at the time of the report, a Robinhood spokesperson clarified they had no immediate plans to introduce these offerings.
The company had previously announced its intention to acquire Bitstamp in a potential $200 million deal.
According to company representatives, Bitcoin and Ether futures products will begin to be offered to customers in the coming months.