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Retail Trading Giant Robinhood Rolling Out Micro Futures for Bitcoin, Solana and XRP - The Daily Hodl
The retail trading giant Robinhood is launching new micro futures for a trio of popular digital assets.
In a new thread on the social media platform X, Robinhood says that it’s rolling out micro futures for crypto king Bitcoin (BTC), smart contract platform Solana (SOL), and payments blockchain token XRP starting June 27th.
“New crypto futures are now on Robinhood. Trade micro XRP, Solana, and Bitcoin Friday futures with lower margin requirements and seamless execution with our trading ladder.”
Robinhood initially launched futures products in January 2025, at first only offering Bitcoin and Ethereum (ETH)-based assets in terms of crypto.
In April, derivatives marketplace giant CME Group announced that it would be launching XRP-based futures over Robinhood, citing investor demand.
As stated by JB Mackenzie, vice president and general manager of futures and international at Robinhood, at the time,
“Bringing CME Group XRP futures to Robinhood is a natural next step in our mission to expand retail access to futures trading. Our customers have shown a deep interest in digital assets, and they will soon be able to access an even wider variety of crypto futures to complement Robinhood’s existing spot crypto offerings.”
In May, Robinhood acquired WonderFi, a Canadian crypto firm backed by Shark Tank star Kevin O’Leary, also known as Mr. Wonderful, for about $179 million.
Furthermore, Robinhood closed its biggest acquisition yet earlier this month as it purchased the Luxembourg-based crypto exchange platform Bitstamp for about $200 million, boosting the firm’s expansion overseas.
BTC, SOL and XRP are trading for $106,851, $141.35 and $2.09 at time of writing, respectively.
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