Robinhood Sees Growth in Bitcoin, Gold and Oil Prediction Markets
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin, gold and oil contracts are among Robinhood's fastest-growing prediction markets, according to the company's head of futures and prediction markets.
Robinhood is seeing increased interest in prediction contracts tied to bitcoin, gold and oil, CoinDesk reported.
The company's head of futures and prediction markets identified those contracts as some of the platform's fastest-growing prediction offerings.
The growth points to traders exploring markets beyond sports. The report did not provide trading volumes or growth rates for the contracts.
Source: CoinDesk