Crypto trading, though? $21.7 Billion in Net Deposits, $369 Billion in Total AssetsRobinhood pulled in $21.7 billion in net deposits during the quarter. Why did Robinhood’s crypto trading revenue fall in Q2 2026? Cryptocurrency trading revenue dropped 38% to $100 million, with Robinhood citing lower crypto valuations as the main factor behind the decline. Robinhood closed a $2.2 billion convertible notes offering in June 2026, which helped push its cash position to $5.4 billion by quarter-end.