Robinhood's Q3 cryptocurrency trading revenue increased by 165% year-over-year to $61 million, with trading volume rising by 112% year-over-year.

Robinhood (stock code: HOOD) released its third-quarter earnings report on Wednesday, showing that cryptocurrency trading revenue increased by 165% year-over-year to $61 million, with trading volume rising by 112% year-over-year. The cryptocurrency trading volume grew to $14.40 billion, while stock trading volume reached $286.20 billion. Robinhood's trading revenue increased by 72%, reaching $319 million. Custodial assets grew by 76% year-over-year to $152.20 billion. The earnings per share for the third quarter was $0.17.