Digital brokerage firm Robinhood has significantly expanded its cryptocurrency services by introducing new micro futures contracts for Bitcoin, Solana, and XRP. Launched on June 28, 2025, in the United States, this initiative builds upon Robinhood's existing suite of crypto futures products and is designed to democratize access to crypto derivatives for everyday retail investors by requiring much less upfront investment.

Micro futures contracts are intentionally built to be intuitive and user-friendly, offering a smaller size than standard futures contracts. This allows for smaller individual retail trading positions, thereby reducing risk and investment requirements. Per the announcement, micro Bitcoin Friday futures, micro XRP futures, and micro Solana futures are now listed on the platform. All contracts are cash-settled and traded nearly 24 hours a day, five days a week, from 6 PM to 5 PM ET.

Specifically, the new XRP micro futures contract features a 2,500-token multiplier, with each tick of 0.0005 representing a value of $1.25. This makes XRP derivatives more accessible and affordable compared to a standard contract's $25-per-tick. Similarly, micro Solana futures offer a 25-token multiplier, with a tick move of 0.5, also equaling $1.25. These new additions bring Robinhood's total crypto futures offerings to nine, including its earlier Bitcoin, Ethereum, and Bitcoin Friday futures, the latter being weekly contracts designed to capture Friday price volatility. The introduction of XRP and Solana futures, two of the most actively traded altcoins, indicates a growing appetite for more diverse crypto derivatives beyond just Bitcoin and Ethereum, following their re-listing on Robinhood's U.S. platform due to increasing user interest.

These developments are part of Robinhood's broader strategy to cater to an increasing portion of retail traders seeking flexible and diversified crypto trading options, without needing to use more sophisticated and expensive platforms. Beyond crypto, the company has also expanded its futures offerings to include contracts tied to indices, currencies, and commodities, aligning with its overall shift to become a one-stop shop for modern investing. The mobile-first platform features a trading ladder interface to facilitate seamless futures execution.

Robinhood's push into crypto is also integral to its global expansion strategy. In June, the company finalized its acquisition of Bitstamp, one of the world’s oldest and most respected crypto exchanges, for approximately $200 million. This acquisition equipped Robinhood with over 50 active licenses and registrations globally, strengthening its infrastructure and international customer base, and positioning it to expand crypto operations outside the US. Additionally, in May, Robinhood acquired WonderFi, a Canadian digital asset platform that manages regulated crypto trading platforms like Bitbuy and Coinsquare. This acquisition is expected to solidify Robinhood's footprint in Canada and potentially integrate DeFi offerings into its services. These strategic mergers and acquisitions reflect a broader consolidation trend within the crypto industry, driven by challenging economic conditions and volatile markets.

Robinhood CEO Vlad Tenev has consistently emphasized crypto as a long-term growth focus for the company. He envisions Robinhood evolving into a