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Robinhood crypto volume falls 48% in October as event contracts more than double

Robinhood crypto volume falls 48% in October as event contracts more than double
AI summary

Robinhood customers traded $17 billion of crypto in October, a 48% drop from a year earlier, while event contracts traded jumped 136% to 5.9 billion. The shift suggests retail engagement is moving away from crypto toward prediction-style products. Traders should watch whether this decline in retail crypto activity signals weaker demand across exchanges.

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