Data: The Most Traded Asset on Robinhood So Far in 2022 is Bitcoin
The most traded asset on Robinhood so far in 2022 is Bitcoin. Its chief product officer, Aparna Chennapragada, said in the announcement that Bitcoin is the most commonly purchased asset on the trading platform so far in 2022. In addition, the app brought in about $48 million in transaction-based revenue related to digital assets in the fourth quarter of 2021, down from $51 million and $233 million in the third and second quarters, respectively.