Robinhood’s futures order book reveals a shift toward longer-dated contracts in treasury futures, indicating traders are positioning for 2025 rate cuts that could lift equity valuations. The next day, CEO Vlad Tenev confirmed the move on X, saying Robinhood had “heard from many Strategy investors that this was an important factor before moving their accounts.” Robinhood is also not the first trading platform to enter sports with event contracts. Crypto.com, which offers equities and cryptocurrency trading, launched a sports-based event contracts business in December 2024 throughout the US. Bond yields cooled slightly, reinforcing equity market optimism and lifting futures sentiment.
