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More women investing in cryptos on bitcoin boom, says Robinhood

Around 40% of the app’s active female users are now trading cryptocurrencies

Robinhood say that 40% of active women on their app are crypto traders
Robinhood say that 40% of active women on their app are crypto traders Photo: Getty Images

The number of women investing in cryptocurrencies on zero-commission trading app Robinhood is surging in the wake of bitcoin’s recent meteoric price rise, the fintech firm has said.

Female crypto traders have increased seven times from the end of 2020, Robinhood said in a blog post on 11 March, as bitcoin almost doubled in value.

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