Robinhood's Prediction Markets Revenue Could Top Crypto, Bernstein Projects

Bernstein projects Robinhood's prediction markets revenue may exceed crypto trading revenue in the quarter ending June 2026 — a potential first, per Bloomberg. Event-contract volume has grown fast. Crypto revenue swings with digital-asset prices; prediction markets follow event cycles, a different rhythm entirely. The shift matters because it diversifies Robinhood away from crypto's boom-bust pattern.