Robinhood reports 27.6M funded customers, $345B assets, and $249B equity volume in April 2026, surging 57% year-over-year amid crypto market boom.

According to Eric Balchunas, Dan Ives is planning to launch an ETF, entering a competitive market space. Tom Lee's ETF, $GRNY, has remarkably reached nearly $1 billion in assets within just three months of trading. However, Balchunas notes that this rapid asset accumulation is exceptional, as most ETFs struggle to gather assets quickly despite strong branding.