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.
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.
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.
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.
