HOOD Shares Rise 8.4% as Robinhood Expands Into Multi-Asset Perps in Europe 

• Robinhood expanded perpetual futures in Europe beyond crypto to commodities, ETFs, forex.
• Eligible European investors get up to 10x leverage and 24/7 trading access.
• Robinhood plans a UK crypto trading launch as part of its European push.

Robinhood (HOOD) shares rose 8.4% after the company expanded its perpetual futures offering across Europe, adding contracts tied to commodities, ETFs and foreign exchange markets, while also signaling plans to launch crypto trading in the UK.

Perps Expand Beyond Crypto in Europe

Robinhood said it will allow eligible users across 30 European countries to trade perpetual futures tied to commodities, ETFs and foreign exchange markets, expanding beyond crypto-only contracts.

Sponsored

Crypto Prediction Markets

18+ · Gambling involves risk. Play responsibly.

The products include exposure to gold, silver, crude oil, the euro-dollar pair and the QQQ ETF, with leverage of up to 10 times and round-the-clock trading, according to a company statement posted on X.

Perpetual futures are derivative contracts that allow traders to speculate on an asset’s price without owning it directly. Unlike traditional futures contracts, perps have no expiration date. 

Robinhood described the European rollout as the outcome of a year-long effort to build a platform compliant with the EU’s MiCA and MiFID II regulatory frameworks.

UK Expansion Plans

Robinhood said it plans to launch crypto trading in the United Kingdom, though it did not provide a timeline, as part of a broader strategy to expand its European footprint.

The European expansion follows the CFTC’s decision in May to permit perpetual futures trading on US exchanges, a shift that has accelerated the derivatives push among mainstream brokers.

Despite growing retail broker interest, on-chain perpetual futures volume remains concentrated elsewhere: Hyperliquid alone accounts for more than half of on-chain perpetual futures turnover, while centralized exchanges Binance, Bybit, and OKX continue to lead centralized volume, according to the latest CoinGecko report.  

Why This Matters

The expansion marks Robinhood’s push to compete in 24-hour derivatives markets beyond crypto, as retail brokers increasingly move into multi-asset perpetual contracts.

Dive into DailyCoin’s popular crypto news right now:
Avalanche Treasury Stock Crashes as Its AVAX Bet Unravels — Here’s Why
Trump’s Crypto Business Tops $1B in Office