New York, February 2, 2026, 18:30 EST — After-hours
- Shares of Robinhood dropped roughly 9.6% in after-hours trading amid a selloff in crypto-related stocks
- Robinhood UK unveiled a tax-free ISA offering, featuring a 2% cash bonus alongside low fees
- Investors are eyeing bitcoin’s stability and Robinhood’s earnings report on Feb. 10 as potential triggers for the next move
Robinhood Markets shares dropped 9.6% to $89.91 in after-hours trading Monday, following a choppy session that saw the stock dip briefly below $89.
Wall Street closed with gains, yet Robinhood lagged behind. The Dow climbed 1.1%, the S&P 500 added 0.5%, but investors were pulling back from crypto-linked stocks as Robinhood’s earnings report looms next week. (The Wall Street Journal)
Crypto markets have been pushing hard. Bitcoin holders sold off $2.56 billion recently as the sector dipped amid a wider risk-off trend, Reuters reported. Adam McCarthy, senior research analyst at digital market data firm Kaiko, noted, “People taking a step back while they have to reassess their risk frameworks.” (Reuters)
Bitcoin slipped to roughly $74,609 earlier Monday but climbed back to about $78,524 by late in the day, market data shows.
Crypto-related stocks took a hit as well. Coinbase dropped 3.5%, while Strategy slid 6.7% on Monday, highlighting the strain on bitcoin-linked shares.
Robinhood pivoted to its international growth plans. Its UK branch announced it will start offering a stocks & shares ISA—a tax-free Individual Savings Account—this week. The account includes a 2% cash bonus on qualifying contributions made before April 5, 2026, plus access to roughly 5,000 U.S.-listed stocks and ADRs. Robinhood confirmed there are no platform fees or commissions, though a 0.10% foreign-exchange (FX) fee applies to each trade. “Investing should be rewarding, not costly,” said Jordan Sinclair, president of Robinhood UK. (Finextra Research)
Mizuho analysts called the UK ISA launch a “major positive catalyst” for Robinhood’s international growth, maintaining an Outperform rating and a $172 price target, according to a research note cited by TheFly. (TipRanks)
Robinhood’s stock dropped on Monday amid renewed speculation about its push into prediction markets. The shares have slid roughly 21% this year, following a dramatic 200% jump in 2025, according to Barron’s. Investors are now questioning if interest in sports-related contracts might fade as the U.S. football season comes to a close. On these platforms, users trade “event contracts” that pay out depending on how specific events turn out.
Robinhood rolled out its event-contract hub last year alongside Kalshi and ForecastEx, indicating openness to partnerships to grow the business. Piper Sandler estimated the platform was generating an annualized revenue north of $200 million as of September, according to Reuters. (Reuters)
The risk remains unchanged: volatility swings both ways. If crypto prices stay weak or retail trading cools off, transaction-driven revenue could fall short of bullish estimates. A stricter regulatory stance on event contracts would add yet another layer of uncertainty.
Robinhood’s next major milestone comes on Feb. 10, when it will release its fourth-quarter and full-year 2025 earnings after the market closes. CEO Vlad Tenev and incoming CFO Shiv Verma will then lead a video call. (Investing News Network (INN))
Traders will keep an eye on bitcoin through Feb. 10, monitoring if it can stay above recent lows and if retail trading starts to reflect a wider risk-off sentiment.
