Robinhood Markets has expanded its crypto product lineup by launching micro futures for XRP and Solana, as well as a micro version of its Bitcoin Friday futures.
These smaller, cash-settled contracts offer traders lower capital requirements and reduced risk. The move builds on Robinhood’s earlier crypto futures rollout and follows its $200 million acquisition of Bitstamp. The company is also eyeing further global expansion with a potential acquisition of WonderFi.
CME Group launched XRP futures in May, drawing $542 million in monthly volume and fueling hopes for a spot-based XRP ETF. The firm had earlier introduced regulated Solana (SOL) futures as well.
Robinhood entered the futures market in October, offering products like oil and the S&P 500 index. A January partnership with CME brought major futures contracts to its mobile app.
In November, Robinhood expanded its crypto lineup by adding XRP, PEPE, and others, following a more favorable U.S. regulatory climate. The SEC closed an eight-month probe into Robinhood in February without action, prompting its CEO to call the investigation unnecessary.
Robinhood is expanding into digital asset derivatives by launching micro XRP, Solana, and Bitcoin futures, aiming to attract retail traders with lower capital entry points.
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