Close Menu
Voxa News

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Premier League 2025-26 preview No 9: Everton | Everton

    August 8, 2025

    Scientists decry Trump energy chief’s plan to ‘update’ climate reports: ‘Exactly what Stalin did’ | Trump administration

    August 8, 2025

    11 Best Places to Stay Near Cuyahoga Valley National Park, From Glampsites and Cabins to Hotels and Inns

    August 8, 2025
    Facebook X (Twitter) Instagram
    Voxa News
    Trending
    • Premier League 2025-26 preview No 9: Everton | Everton
    • Scientists decry Trump energy chief’s plan to ‘update’ climate reports: ‘Exactly what Stalin did’ | Trump administration
    • 11 Best Places to Stay Near Cuyahoga Valley National Park, From Glampsites and Cabins to Hotels and Inns
    • Russia-Ukraine war: List of key events, day 1,261 | Russia-Ukraine war News
    • See where China plans to put its controversial mega-embassy
    • Instagram’s map feature spurs user backlash over privacy concerns
    • Edinburgh art festival review – regal lusting, sofa-surfing and the perfect painting for our times | Art
    • Aiayu Copenhagen Spring 2026 Collection
    Friday, August 8
    • Home
    • Business
    • Health
    • Lifestyle
    • Politics
    • Science
    • Sports
    • Travel
    • World
    • Entertainment
    • Technology
    Voxa News
    Home»Technology»Robinhood is up 160% this year as bitcoin and crypto stocks soar
    Technology

    Robinhood is up 160% this year as bitcoin and crypto stocks soar

    By Olivia CarterJuly 12, 2025No Comments5 Mins Read0 Views
    Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
    Robinhood is up 160% this year as bitcoin and crypto stocks soar
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Robinhood stock hit an all-time high Friday as the financial services platform continued to rip higher this year, along with bitcoin and other crypto stocks.

    Robinhood, up more than 160% in 2025, hit an intraday high above $101 before pulling back and closing slightly lower.

    The reversal came after a Bloomberg report that JPMorgan plans to start charging fintechs for access to customer bank data, a move that could raise costs across the industry.

    For fintech firms that rely on thin margins to offer free or low-cost services to customers, even slight disruptions to their cost structure can have major ripple effects. PayPal and Affirm both ended the day nearly 6% lower following the report.

    Despite its stellar year, the online broker is facing several headwinds, with a regulatory probe in Florida, pushback over new staking fees and growing friction with one of the world’s most high-profile artificial intelligence companies.

    Florida Attorney General James Uthmeier opened a formal investigation into Robinhood Crypto on Thursday, alleging the platform misled users by claiming to offer the lowest-cost crypto trading.

    “Robinhood has long claimed to be the best bargain, but we believe those representations were deceptive,” Uthmeier said in a statement.

    The probe centers on Robinhood’s use of payment for order flow — a common practice where market makers pay to execute trades — which the AG said can result in worse pricing for customers.

    Robinhood Crypto General Counsel Lucas Moskowitz told CNBC its disclosures are “best-in-class” and that it delivers the lowest average cost.

    “We disclose pricing information to customers during the lifecycle of a trade that clearly outlines the spread or the fees associated with the transaction, and the revenue Robinhood receives,” added Moskowitz.

    Robinhood is also facing opposition to a new 25% cut of staking rewards for U.S. users, set to begin October 1. In Europe, the platform will take a smaller 15% cut.

    Staking allows crypto holders to earn yield by locking up their tokens to help secure blockchain networks like ethereum, but platforms often take a percentage of those rewards as commission.

    Robinhood’s 25% cut puts it in line with Coinbase, which charges between 25.25% and 35% depending on the token. The cut is notably higher than Gemini’s flat 15% fee.

    It marks a shift for the company, which had previously steered clear of staking amid regulatory uncertainty.

    Under President Joe Biden’s administration, the Securities and Exchange Commission cracked down on U.S. platforms offering staking services, arguing they constituted unregistered securities.

    With President Donald Trump in the White House, the agency has reversed course on several crypto enforcement actions, dropping cases against major players like Coinbase and Binance and signaling a more permissive stance.

    Even as enforcement actions ease, Robinhood is under fresh scrutiny for its tokenized stock push, which is a growing part of its international strategy.

    The company now offers blockchain-based assets in Europe that give users synthetic exposure to private firms like OpenAI and SpaceX through special purpose vehicles, or SPVs.

    An SPV is a separate entity that acquires shares in a company. Users then buy tokens of the SPV and don’t have shareholder privileges or voting rights directly in the company.

    OpenAI has publicly objected, warning the tokens do not represent real equity and were issued without its approval. In an interview with CNBC International, CEO Vlad Tenev acknowledged the tokens aren’t technically equity shares, but said that misses the broader point.

    “What’s important is that retail customers have an opportunity to get exposure to this asset,” he said, pointing to the disruptive nature of AI and the historically limited access to pre-IPO companies.

    “It is true that these are not technically equity,” Tenev added, noting that institutional investors often gain similar exposure through structured financial instruments.

    The Bank of Lithuania — Robinhood’s lead regulator in the EU — told CNBC on Monday that it is “awaiting clarifications” following OpenAI’s statement.

    “Only after receiving and evaluating this information will we be able to assess the legality and compliance of these specific instruments,” a spokesperson said, adding that information for investors must be “clear, fair, and non-misleading.”

    Tenev responded that Robinhood is “happy to continue to answer questions from our regulators,” and said the company built its tokenized stock program to withstand scrutiny.

    “Since this is a new thing, regulators are going to want to look at it,” he said. “And we expect to be scrutinized as a large, innovative player in this space.”

    SEC Chair Paul Atkins recently called the model “an innovation” on CNBC’s Squawk Box, offering some validation as Robinhood leans further into its synthetic equity strategy — even as legal clarity remains in flux across jurisdictions.

    Despite the regulatory noise, many investors remain focused on Robinhood’s upside, and particularly the political tailwinds.

    The company is positioning itself as a key beneficiary of Trump’s newly signed megabill, which includes $1,000 government-seeded investment accounts for newborns. Robinhood said it’s already prototyping an app for the ‘Trump Accounts’ initiative.

    WATCH: Watch CNBC’s full interview with Robinhood CEO Vlad Tenev

    Bitcoin crypto Robinhood soar stocks year
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Olivia Carter
    • Website

    Olivia Carter is a staff writer at Verda Post, covering human interest stories, lifestyle features, and community news. Her storytelling captures the voices and issues that shape everyday life.

    Related Posts

    Instagram’s map feature spurs user backlash over privacy concerns

    August 8, 2025

    Trump announces Apple’s plan to invest $100bn in US manufacturing | Apple

    August 7, 2025

    The FCC will review emergency alert systems in the US

    August 7, 2025

    How to use Instagram Map and set your location-sharing preferences

    August 7, 2025

    The 35 Best Movies on HBO Max Right Now (August 2025)

    August 7, 2025

    Bitcoin jumps as Trump is set to sign an order that allows cryptocurrencies in 401(k)s

    August 7, 2025
    Leave A Reply Cancel Reply

    Medium Rectangle Ad
    Top Posts

    27 NFL draft picks remain unsigned, including 26 second-rounders and Bengals’ Shemar Stewart

    July 17, 20251 Views

    Eight healthy babies born after IVF using DNA from three people | Science

    July 17, 20251 Views

    Massive Attack announce alliance of musicians speaking out over Gaza | Kneecap

    July 17, 20251 Views
    Don't Miss

    Premier League 2025-26 preview No 9: Everton | Everton

    August 8, 2025

    Guardian writers’ predicted position: 13th (NB: this is not necessarily Andy Hunter’s prediction but the…

    Scientists decry Trump energy chief’s plan to ‘update’ climate reports: ‘Exactly what Stalin did’ | Trump administration

    August 8, 2025

    11 Best Places to Stay Near Cuyahoga Valley National Park, From Glampsites and Cabins to Hotels and Inns

    August 8, 2025

    Russia-Ukraine war: List of key events, day 1,261 | Russia-Ukraine war News

    August 8, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Medium Rectangle Ad
    Most Popular

    27 NFL draft picks remain unsigned, including 26 second-rounders and Bengals’ Shemar Stewart

    July 17, 20251 Views

    Eight healthy babies born after IVF using DNA from three people | Science

    July 17, 20251 Views

    Massive Attack announce alliance of musicians speaking out over Gaza | Kneecap

    July 17, 20251 Views
    Our Picks

    As a carer, I’m not special – but sometimes I need to be reminded how important my role is | Natasha Sholl

    June 27, 2025

    Anna Wintour steps back as US Vogue’s editor-in-chief

    June 27, 2025

    Elon Musk reportedly fired a key Tesla executive following another month of flagging sales

    June 27, 2025
    Recent Posts
    • Premier League 2025-26 preview No 9: Everton | Everton
    • Scientists decry Trump energy chief’s plan to ‘update’ climate reports: ‘Exactly what Stalin did’ | Trump administration
    • 11 Best Places to Stay Near Cuyahoga Valley National Park, From Glampsites and Cabins to Hotels and Inns
    • Russia-Ukraine war: List of key events, day 1,261 | Russia-Ukraine war News
    • See where China plans to put its controversial mega-embassy
    • About Us
    • Disclaimer
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    2025 Voxa News. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.