According to Robinhood's Head of Cryptocurrency Johann Kerbrat, the platform's crypto users are actively buying the dip and expanding their portfolios from Bitcoin and Ethereum to a broader range of tokens. He pointed out that customers see the current market pullback as a good buying opportunity and are increasingly engaging in on-chain activities such as staking ETH and SOL, which was launched in December last year. Despite the overall market panic and continued outflows of Bitcoin ETF funds, retail traders on the platform are adjusting their portfolios at lower prices and exploring decentralized finance (DeFi) use cases.
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According to Robinhood's Head of Cryptocurrency Johann Kerbrat, the platform's crypto users are actively buying the dip and expanding their portfolios from Bitcoin and Ethereum to a broader range of tokens. He pointed out that customers see the current market pullback as a good buying opportunity and are increasingly engaging in on-chain activities such as staking ETH and SOL, which was launched in December last year. Despite the overall market panic and continued outflows of Bitcoin ETF funds, retail traders on the platform are adjusting their portfolios at lower prices and exploring decentralized finance (DeFi) use cases.