[DigitalToday reporter Chi-gyu Hwang] Bernstein forecast that Robinhood's prediction market revenue will rise 286 percent to $586 million in 2026 from $150 million in 2025, The Block reported on June 15 (local time).
In a research note to clients, Bernstein analysts said prediction markets have become Robinhood's fastest-growing product by revenue, the report said. They forecast 2026 prediction market revenue will account for about 17 percent of Robinhood's transaction-based revenue and about 10 percent of total revenue. That exceeds trading volume of more than $1.4 billion during last season's Super Bowl period.
Robinhood launched Loterra, a CFTC-approved exchange and clearinghouse, on May 28. About 200 million contracts were traded over the 18 days after the launch, with FIFA World Cup and MLB contracts accounting for most of the trading volume.
Bernstein analysed that price competitiveness, including a $0.01 fee per contract and fee discounts of up to 50 percent for Gold subscribers, along with its user base, are key differentiators for Robinhood.
Chi-gyu Hwang
delight@d-today.co.kr