Bernstein: World Cup pushes predicted market trading volume to record high, Robinhood is expected to benefit

--

According to The Block, Bernstein predicted that the daily trading volume during the World Cup would increase from $2.2 billion on June 11 to $4.8 billion on June 12, surpassing the $1.4 billion trading volume of the Super Bowl. Bernstein predicts that Robinhood's market revenue will grow from $150 million in 2025 to $586 million in 2026. Robinhood collaborates with Rothera, which is regulated by the US Commodity Futures Trading Commission (CFTC), to drive participation through its large user base, $0.01 commission per contract, and Gold membership fee discounts. Rothera traded approximately 200 million contracts within 18 days of its launch. Bernstein predicts that the World Cup will bring over $3 billion in new betting volume to the prediction market and drive an increase of $5 billion to $10 billion in industry consumer transaction volume.

Loading...