Robinhood earnings miss, crypto weakness fail to shake Wall Street’s bullish outlook

Crypto Insight Summary: Bernstein sees Robinhood’s crypto business shifting toward infrastructure as new products like prediction markets and perps gain ground. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Robinhood's crypto pivot to infrastructure is long-term and earnings miss is already priced in.