Robinhood Q3 Earnings Show Strong Crypto Demand Despite Volume Decline

   Robinhood reported third-quarter earnings, highlighting a 112% year-over-year increase in crypto trading volumes to $14.4 billion, although down from $21.5 billion in Q2. Transaction-based revenues rose 72% to $319 million, with crypto bringing in $61 million—up 165% but down from $81 million last quarter. Assets Under Custody grew 76% to $152.2 billion. The company posted earnings of $0.17 per share, rebounding from a loss last year. Robinhood is also expanding its crypto offerings and introducing new trading tools