JT X
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I’m even more bullish on $HOOD
HOOD -7% on a 47% crypto revenue collapse. The bear take is obvious.
Here’s why it’s actually bullish.
Crypto revenue fell to $134M, down 47% YoY.
Stock got punished.
Story over, right?
Look at what replaced it…
→ Event contracts revenue up 320% YoY to $147M, a record 8.8B contracts traded
→ Equities revenue +46%, options +8%
→ Total transaction revenue still grew despite crypto getting cut nearly in half
The thesis was always that HOOD was a levered bet on crypto cycles.
Q1 just proved the opposite.
They absorbed a 47% hit to one of their biggest revenue lines and transaction revenue still went up.
That’s not a crypto company anymore.
That’s a diversified retail platform where prediction markets, options, and equities can carry the quarter when digital assets roll over.
The market is pricing this like crypto weakness = HOOD weakness.
But the correlation is breaking in real time.
Subscription services and prediction markets are stepping into the lead role.
Tenev’s still investing in crypto infrastructure for the next cycle, so you get the diversification plus the optionality when crypto comes back.
Bear case… cyclical business missed estimates.
Bull case… this was the stress test, and the new revenue mix passed it.
Ima buyer of the post earnings de-rating.

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They only make money when you gamble and lose on.... stock options, crypto and betting. This is a gambling app, nothing more. They make money when you lose. $hood
Brew Markets@brewmarkets
Robinhood stock falls 9% after reporting weaker-than-expected earnings.
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JT X retweetou

4.28.2026: YieldMax ETFs Announces Distributions of Group 1 for the following ETFs.
$CHPY – $0.6041
$FEAT – $0.2090
$FIVY – $0.1606
$GPTY – $0.3352
$LFGY – $0.2228
$MINY – $0.2667
$QDTY – $0.2153
$RDTY – $0.2415
$SDTY – $0.2066
$SLTY – $0.3083
$ULTY – $0.4027
$YMAG – $0.1203
$YMAX – $0.0997
Press Release: tinyurl.com/t88zr9p2
Standardized performance: YieldMaxETFs.com
Prospectus: Yieldmaxetfs.com/prospectus/all
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@ms_roundhill Best kept secret 🤫. Added last week but will add more to it
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Income strategies don’t have to be one-size-fits-all.
$MINY, the YieldMax® Strategic Metals & Mining Portfolio Option Income ETF takes a sector-specific approach - seeking current income through options on metals and mining companies.
What other sectors would you like to see explored through an options-income lens next?
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Income, Reimagined. $ODTE brings short-dated covered calls across three major indices — weekly distributions, 0.68% Expense Ratio, Tax Alpha. Listed on Nasdaq. A different kind of income. Consider prospectus: VegaSharesETFs.com/ODTE
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The $ODTE story is just getting started.
Visit VegaSharesETFs.com/ODTE for the fund profile, factsheet, and prospectus.
Questions? Reach out.

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$MINY from @YieldMaxETFs has the potential to be another $CHPY. It's metals, miners, AND some energy. What's not to like? 🤔
#yield #dividends #investing #yieldmax

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