New York, February 4, 2026, 12:11 EST — Regular session
- Robinhood shares dipped during U.S. trading, following a renewed drop in bitcoin.
- Crypto-linked stocks slipped as Washington stayed divided on stablecoin rewards within the pending legislation.
- Investors are eyeing Robinhood’s Feb. 10 results to get a snapshot of trading activity and customer assets.
Shares of Robinhood Markets dipped 8.3% to $79.84 in late morning trading Wednesday, deepening their decline alongside the recent slump in cryptocurrencies and other risk assets.
This shift is significant because Robinhood has become a quick barometer for crypto-linked risk appetite, which has now turned fragile. Bitcoin liquidations — forced closures of leveraged positions — hit roughly $2.56 billion in recent days, according to CoinGlass data, as investors pulled back amid heightened volatility. “People [are] taking a step back while they have to reassess their risk frameworks,” Adam McCarthy, a senior research analyst at Kaiko, told Reuters. (Reuters)
Policy isn’t making progress. A White House meeting aimed at resolving tensions between banks and crypto companies over digital-asset rules ended without a deal, Reuters reported Tuesday. The sticking point remains the debate over “stablecoin” rewards—whether holders should receive interest or other benefits. Stablecoins are crypto tokens pegged to the U.S. dollar. White House spokesman Kush Desai said talks are still “productive” as the administration pushes its agenda. (Reuters)
Bitcoin slipped nearly 4% to $73,114 in crypto trading. Coinbase dropped 5.9%, with Strategy and Circle sliding 6.9% and 5.0%, respectively — underscoring how closely these names move together when investor mood sours.
Cathie Wood’s ARK Invest snapped up 363,317 Robinhood shares Monday, spread across three ETFs, Benzinga reported. The move, about $32.7 million, came right after the stock took a steep daily hit. (Benzinga)
On Tuesday, an SEC filing revealed a routine compensation move by a top executive. Robinhood’s Chief Brokerage Officer, Steven M. Quirk, reported the vesting and settlement of 43,403 restricted stock units. Of those, 17,795 shares were withheld for taxes, the filing noted, clarifying this “does not represent a sale.” (SEC)
The broader brokerage sector is facing fresh challenges. J.P. Morgan warned that brokers and custodians might soon push ETF managers for distribution fees to make up for revenue lost during the commission-free wave Robinhood helped spark. This could alter the way trading platforms collect fees down the line. (Reuters)
Robinhood’s immediate outlook hinges on trading volume. Should crypto prices continue to drop, or if legislation clamps down on stablecoin rewards, both trading activity and net deposits could slow fast. The stock often moves in step with crypto price swings and shifts in retail trader sentiment, even without major company news. (The Motley Fool)
Robinhood’s next major event is February 10, when it will release Q4 and full-year 2025 results after markets close. The company will also host a video call with CEO Vlad Tenev and incoming CFO Shiv Verma. Ahead of that, Robinhood has a shareholder Q&A window open from February 3 through February 9. (Globenewswire)
