PANews reported on September 12th that, according to Cointelegraph, less than three months after being acquired by Robinhood, cryptocurrency exchange Bitstamp's cryptocurrency trading volume has surpassed its parent company's platform, with August trading volume increasing 21% to $14.4 billion. Robinhood reported that its nominal cryptocurrency trading volume in August fell 18% compared to July, reaching only $13.7 billion. Data shows that Robinhood's trading volume has been on a downward trend since setting a quarterly record in November 2024, although it rebounded in July before declining again in August.

Although the total cryptocurrency trading volume on Bitstamp and Robinhood fell 2.1% from the previous month, Robinhood's total assets increased by 2% from the previous month to $304 billion, of which approximately $41 million were in cryptocurrency assets. When asked why crypto trading on the Robinhood platform stagnated, Ryan McMillin, CEO of Merkle Tree Capital, pointed out that there are seasonal factors. Robinhood is a North American-based platform, and its trading may be affected by the summer holiday season.