New York, January 14, 2026, 18:07 ET — After-hours
Shares of Robinhood Markets slipped in after-hours Wednesday, falling short compared to other crypto-related stocks despite a rise in bitcoin. The stock dropped roughly 0.5% to $119.67, after fluctuating between $116.63 and $120.89 during the session.
Timing is crucial for Robinhood since crypto regulations in Washington and shifts in the rate outlook can quickly impact trading volumes, which in turn directly affect revenue. Even a minor move on the tape can spark a larger debate over which products brokers can provide—and at what price.
Late Monday, U.S. senators introduced a draft bill aimed at clarifying when crypto tokens qualify as securities versus commodities. The proposal also seeks to grant the Commodity Futures Trading Commission oversight of spot crypto markets, where transactions settle instantly rather than at a future date. The Senate Banking Committee plans to review the bill and weigh amendments this Thursday. (Reuters)
Industry groups have started pushing back against sections of the draft concerning “stablecoin rewards”—incentives linked to stablecoins, crypto tokens typically pegged to the U.S. dollar to maintain steady value. “What is threatening progress is not a lack of policymaker engagement, but the relentless pressure campaign by the Big Banks,” said Blockchain Association CEO Summer Mersinger in a statement. (Blockchain Association)
This week, macro data pushed markets. The Labor Department reported a 0.3% rise in consumer prices for December, with a 2.7% jump from a year earlier. Core inflation, excluding food and energy, grew 0.2% for the month. (Bureau of Labor Statistics)
Bitcoin’s surge has pulled many related stocks up, though the gains aren’t uniform. Sean Farrell, Fundstrat’s head of digital asset strategy, said Tuesday, “This momentum continues in the coming days.” Meanwhile, LMAX Group’s strategist Joel Kruger pointed to regulatory moves as “helping support sentiment,” according to Investopedia.
Robinhood has doubled down on the segments that light up when retail traders jump in — crypto, options, and equities. In its latest quarterly report, the firm revealed transaction-based revenue surged past $730 million, with crypto and options income climbing 300% and 50%, respectively, compared to the previous year. (Reuters)
The policy route remains uncertain. The draft bill could be revised in committee, and the longer the debate drags on, the more trading platforms face a patchwork of guidance and enforcement risks.
There’s a straightforward risk here: crypto prices tumble, trading volumes drop, and the so-called “rebound” trade loses steam. Robinhood’s shares have proven they can swing sharply once retail interest wanes.
Investors are gearing up for Robinhood’s Q4 and full-year 2025 earnings on Feb. 10. CEO Vlad Tenev will break down the results, joined by incoming CFO Shiv Verma.
