Robinhood's cryptocurrency trading volume declined 21% from September to $17 billion in October, according to the monthly operating data the company released on Nov. 12.

The October figure covers activity across both Robinhood's brokerage app and Bitstamp, the cryptocurrency exchange Robinhood acquired in 2025, and sits 48% below the $32.5 billion posted in an earlier month.

Robinhood, the retail brokerage founded in 2013, introduced cryptocurrency trading in 2018 and regularly discloses monthly operating metrics covering transaction activity across its business lines. Crypto has been among the company's principal sources of transaction-based revenue, alongside options and equities, meaning the size of that revenue stream moves directly with trading activity.

The company completed its acquisition of Bitstamp, an exchange founded in 2011 that serves retail and institutional customers across multiple jurisdictions, in June 2025 in a deal valued at roughly $200 million when announced. Robinhood's reported crypto volume figures have since combined activity from both platforms.

Trading volumes on retail-focused crypto platforms generally move with broader market conditions and user engagement, and monthly disclosures such as Robinhood's are widely used as a gauge of retail trading activity. Given that regular reporting cadence, the next monthly operating update will show whether October's decline persisted into November or proved a one-month dip.

This content was first published on COINOTAG: https://en.coinotag.com/robinhood-crypto-volume-falls-21-percent-october