Robinhood Launches Micro Bitcoin, Solana and XRP Futures Contracts

Description

Robinhood (HOOD) has introduced micro futures on bitcoin (BTC), solana (SOL) and XRP in the United States., expanding its existing crypto futures offering for its nearly 26 million funded accounts. Micro contracts need far less collateral than full-size futures, letting traders take directional positions while committing a smaller slice of capital. The contracts offer traders more flexibility to bet on a cryptocurrency’s future price direction or hedge current positions given their smaller size....