Robinhood (HOOD) Bitcoin Correlation

Name: Robinhood (HOOD) correlation to Bitcoin
Creator: Trade The Cycle

Robinhood (HOOD) closed at $109 with a correlation to bitcoin of 0.42, which is weak positive correlation. That figure is measured on 90 days of daily returns as of Aug 26, 2026, and it moves as the window rolls forward.

Robinhood earns crypto transaction revenue alongside equities and options, so bitcoin is one line in a broader retail brokerage rather than the whole business.

Correlation measures whether two prices moved together, not whether one caused the other and not by how much. A company can hold bitcoin and still track it loosely, and a company that holds none can track it closely because both respond to the same conditions.