Main page News, Bitcoin, Ethereum

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.

Subscribe to our Telegram channel to get weekly short digests about events that shape the crypto world

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.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.