Robinhood: Cryptocurrency trading volume reached $35.2 billion in November, an increase of more than 500% month-on-month
According to a report, Robinhood Markets (HOOD), a US retail trading platform, released its November 2024 operating data, showing that its cryptocurrency trading volume reached $35.2 billion, an increase of over 500% compared to the previous month and over 700% compared to the same period last year. As of the end of November, the platform had 24.8 million funded accounts, an increase of 420,000 from the previous month, and assets under management (AUM) reached $195 billion, an increase of 22% compared to the previous month and a doubling of 106% compared to the same period last year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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