Robinhood is expanding into the futures market by adding Bitcoin and Ethereum futures, alongside oil and the S&P 500 index, to attract seasoned traders. A spokesperson announced that futures offerings via its trading app are expected in the coming months, including micro Bitcoin futures and various contract types. This move coincides with the launch of Robinhood Legend, a new desktop platform designed for active traders, featuring sophisticated tools and real-time data. With competitive fees for futures trading—$0.50 for Gold subscribers and $0.75 for others—Robinhood aims to undercut traditional brokerages and cater to crypto traders seeking more sophisticated financial instruments. Robinhood's efforts reflect a growing interest in crypto and futures trading, especially as Bitcoin approaches its all-time high. The platform will also emphasize eliminating inefficiencies, allowing traders to manage resources in one unified space, thus enhancing the overall trading experience.

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