Latest Update
9/5/2026 5:30:00 AM

Cathie Wood: Robinhood Gains Crypto Credibility

Cathie Wood: Robinhood Gains Crypto Credibility

Cathie Wood praises Robinhood net new users for crypto liquidity and credibility while contract data shows mostly degen flow from GMGN and OKX.

Source

Analysis

Cathie Wood called Robinhood gains from net new users that build liquidity and raise its standing in crypto, yet on-chain analysis of Robinhood Wallet swaps through 0x's Settler contract shows under 1% of activity, with the bulk traced to existing degen terminals like GMGN, Axiom and OKX on the new chain; the pattern mirrors broader BTC market liquidity dynamics where fresh retail onboarding remains limited.


Cathie Wood

@CathieDWood

Leading innovation-focused investments as CEO of ARK Invest, with research spanning disruptive technologies including AI, blockchain, genomics, and autonomous systems.