Robinhood (HOOD) topped Wall Street's second-quarter expectations, but shares fell about 4% in after-hours trading, adding to their 3.1% decline during Wednesday's session. The results reflected strength across Robinhood's expanding product lineup, even as crypto trading cooled. Crypto revenue fell 38% year over year to $100 million from $160 million, while transaction revenue was lifted by surging options, equities and prediction markets activity. "Whether it's the Robinhood Chain, Robinhood Ventures, or Trump Accounts, our product velocity is focused on one goal: making everyone an owner," Vlad Tenev, Chairman and CEO of Robinhood, said in a statement. The company launched Robinhood Chain, a blockchain network that supports tokenized U.S. stocks as part of its push to bring traditional financial assets onchain.