Robinhood is seeing growing demand for prediction markets tied to bitcoin, gold and oil as traders look beyond sports and elections. According to JB Mackenzie, bitcoin, crude oil and gold price contracts are among the fastest-growing products, though sports remains the platform's largest product. Robinhood's largest event contract in September was tied to the Federal Reserve's interest rate decision, and some crypto contracts now settle in as little as 15 minutes. Mackenzie said prediction market users often go on to trade stocks, crypto, futures and options, or open retirement accounts, and the segment could become the fastest-growing among Robinhood's 11 businesses that each generate over $100 million in annual revenue.
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Related tickers and likely impact
BTC/USDT
▲ Likely positiveBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/22/2026 | 81,416.09 |
| Change that session | -3.18% |
XAU/USD
• NeutralRelevance: low
| Market | Gold |
|---|---|
| Close on 10/22/2026 | 4,024.59 |
| Change that session | -2.82% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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