Arbitrum (ARB) received a major boost in prices after the asset got listed on Robinhood, one of the top American trading platforms. The message sparked a lot of interest among investors and caused ARB price rally from $0.3644 to $0.4181. This comes at a time when Robinhood is adding more cryptocurrencies to its list as they actively seek to grow their services.

Arbitrum Jumps 14% After Robinhood Listing

Recently, the American trading firm, Robinhood, included Arbitrum (ARB) in the list of the traded cryptocurrencies which caused a spike in the price. This token based on the Ethereum layer-2 network rose by 14%, from $0.3644 to $0.4181 in a few hours.

Source: CMC

Alongside the price increase, trading volume rallied by 8, reaching $400 million. Market activity intensified as traders responded to the listing, which boosted ARB accessibility and liquidity. Despite this rise, ARB remains down 80% from its 2024 peak of $2.41.

Notably, Robinhood has been expanding its crypto exposure, most recently through a significant partnership with CME Group. This collaboration allows US retail traders to access a variety of futures contracts, including those for Bitcoin and Ether, directly on Robinhood’s platform.

Robinhood Expands Crypto Offerings

Robinhood has been expanding its cryptocurrency offerings in response to increasing demand. The platform has added multiple digital assets, including Arbitrum, XRP, Shiba Inu (SHIB), and Bonk (BONK), catering to a broader range of traders.

The company recently reported a 700% year-over-year surge in cryptocurrency revenue, reaching $358 million in the fourth quarter of 2025. This dramatic increase aligns with Robinhood’s strategic push to strengthen its presence in the crypto market. By expanding trading capabilities, Robinhood is attracting new users and capitalizing on the growing crypto adoption.

Additionally, the launch of Ethereum staking in the European Union and the addition of new digital assets highlight Robinhood’s dedication to expanding its services. This move demonstrates their commitment to growing alongside the dynamic crypto market.

US SEC Closes Investigation

Robinhood came under regulatory attention from the U.S. Securities and Exchange Commission (SEC) on its crypto operations. Nonetheless, the SEC recently concluded its investigation, which offered a legal boost to the company’s position on digital asset listings.

This decision takes the uncertainty out of it for Robinhood’s cryptocurrency division, enabling it to continue listing new tokens. With this regulatory hurdle out of the way, Robinhood is expected to add more digital assets.

Furthermore, the American trading company established itself in the European market, offering crypto services in Spain, compliant with the MiCA legislation.

The post Arbitrum Price Rally 14% as Robinhood Listing Fuels Market Optimism appeared first on CoinGape.

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Filed under: News - @ March 5, 2025 5:21 pm