Robinhood unveiled its largest product expansion in years at its Houston summit on Tuesday night, announcing U.S. crypto perpetual futures, weekend stock trading, AI-driven trading agents, earnings contracts and a social trading app in a single slate aimed squarely at active traders.

The perpetual futures offering will bring bitcoin and ether contracts with up to 10x leverage to U.S. customers through Robinhood Derivatives and Bitstamp, with other assets starting at 3x leverage. Robinhood's head of U.S. futures products said traders want leverage but the company deliberately chose lower starting limits on smaller-cap assets — a conservative posture for a product line that U.S. regulators have historically restricted to offshore venues.

Weekend stock trading closes what the company sees as the last structural gap between equities and crypto. Robinhood launched round-the-clock weekday trading in 2023, but sessions still halted on Saturdays and Sundays. A selection of stocks and ETFs will now trade through the alternative venue Bruce ATS, giving U.S. retail investors continuous access to listed equities for the first time.

The most technically ambitious announcement is agentic trading. Users can create an AI agent inside the Robinhood app, select a model from OpenAI or Anthropic, and fund it with a dedicated trading account to research markets and execute trades. A feature called Loops lets users set standing instructions so the agent acts autonomously when predefined conditions are met. The infrastructure is not theoretical: more than 150,000 agent accounts already exist, created after Robinhood opened its systems to outside AI developers earlier this year.

Robinhood also announced earnings contracts through Cboe, allowing users to trade on whether a company hits a specific figure — revenue, earnings per share, or in Apple's case, iPhone sales. The company is extending options trading hours and increasing intraday margin availability as part of the same push.

On the social side, Robinhood Social is now live inside the main app, positioning the brokerage against Fomo and Pump in the rapidly growing niche of social, onchain-adjacent trading platforms. Robinhood's product VP described the destination as a single account where users can sell stocks, buy crypto and trade prediction markets without switching contexts — an explicit bid to build the "everything app" for retail finance.

The announcements landed against a mostly flat crypto market, with bitcoin down 0.4% at $83,900 and ether down 1% at $2,700. Bitcoin is up 7.33% in September, narrowly ahead of 2024's 7.29% gain, and needs to close above roughly $83,600 to secure its best September on record.

Market structure moves gather pace

Beyond Robinhood, several market-structure developments stand out. Cboe and S&P Dow Jones extended their S&P 500 options licensing deal through 2051 and said they may develop tokenized options contracts — a signal that one of the largest U.S. derivatives operators is seriously evaluating blockchain-based settlement for listed products.

Blockchain.com is targeting a $500 million IPO this year at a valuation of up to $6 billion, having filed confidentially with the SEC earlier this year. Prediction market operator Kalshi is in advanced talks to raise approximately $1 billion at a valuation near $40 billion, with Sequoia and Wellington in talks to lead the round and Tiger Global and Dragoneer possibly joining.

HSBC named its Hong Kong dollar stablecoin RedCoin, with launch planned before year-end through its PayMe app and mobile bank. The rollout starts with person-to-person and merchant payments before expanding to corporate use — one of the most concrete bank-issued stablecoin timelines from a major global lender.

In the ETF channel, bitcoin funds saw $66 million in net inflows on Tuesday, while ether ETFs bled $3 million and Solana products took in $5 million. Bitwise launched the first U.S. spot NEAR ETF on NYSE Arca under the ticker NRR, charging a 0.75% fee waived on the first $500 million for three months. The fund stakes its underlying tokens and retains roughly a third of the rewards.

Onchain revenue and enforcement trails

Pump again led all onchain protocols in revenue on Tuesday with $2.26 million, followed by Hyperliquid at $1.82 million and Collector Crypt at $760,000. Stonk rebounded to $1.16 million in revenue.

On the enforcement trail, the attacker behind the Bitget breach moved approximately $3.9 million of stolen Zcash into the coin's private pool on Wednesday morning, obscuring senders, recipients and amounts — a demonstration of the privacy trade-offs that shielded pools present for exchange security teams tracking stolen funds.

Aztec, meanwhile, brought back zk.money to Ethereum, a wallet that hides payment amounts, balances and recipients behind readable names like bob.zk.money. Zcash developers began integrating Tachyon code into the software powering its faster private payments, linking the November upgrade to the network's broader scaling roadmap.

The coming weeks will test whether Robinhood's multi-product bet converts into sustained engagement — and whether bitcoin can hold above $83,600 through month-end to claim its strongest September on record.