Crypto legislation could be on the horizon, sources said. That could spark fresh inflows into crypto as institutions are encouraged by greater clarity.

Coinbase and Robinhood announced SEC case closures, signaling a major shift in U.S. crypto regulation under Trump. Is this regulatory relief or political favoritism?

Robinhood, which donated $2 million to Trump's inauguration, is currently trading at around $50 per share. As the Trump administration eases regulatory pressure on crypto firms, Robinhood is looking to expand its presence in the digital asset space.

Nearly half of Robinhood’s $672 million transaction-based revenue in the fourth quarter came from a 700% rise in revenue tied to crypto trading,

Robinhood said the U.S. securities regulator had closed its probe into the retail trading firm's crypto arm with no action, as it seeks to revamp policing of digital assets since President Donald Trump took office.

The U.S. Securities and Exchange Commission has ended its investigation into Robinhood Crypto saying it will not pursue further action with company officials adding it "never should have been opened."