Robinhood has officially rolled out Ethereum and Solana staking services to U.S. customers, marking a major expansion of its crypto product line.
The feature, announced on July 10, allows users to stake as little as $1 worth of Ethereum (ETH) or Solana (SOL) directly through the Robinhood Crypto app. According to Robinhood, staking rewards will be distributed based on network protocol rates, minus platform and partner fees.
For Ethereum, customer funds are pooled to meet the network’s 32 ETH validator threshold, with individual users receiving between 50% to 100% of the protocol’s native yield depending on batch processing dynamics. Solana staking will be managed entirely by Robinhood, enabling users to earn rewards without dealing with validator setup or maintenance.
Due to local regulatory restrictions, the staking service is currently unavailable in California, Maryland, New Jersey, New York, and Wisconsin. On October 1, 2025, Robinhood will begin charging a 25% fee on staking rewards. This fee will be comparable to other platforms’ rates and will include fees from third-party validators.
The move represents Robinhood’s deeper push into the cryptocurrency infrastructure space, following its recent acquisition of Bitstamp and its plans to enter the perpetual futures market, subject to CFTC approval. It also complements its European tokenized stocks rollout, although those products are not yet available in the U.S.
Regulatory headwinds had previously delayed Robinhood’s entrance into staking. The Securities and Exchange Commission’s enforcement actions against other platforms earlier in the cycle prompted a more cautious approach. However, now that the landscape is stabilizing, Robinhood is joining rivals like Coinbase in providing yield-bearing services that both institutional and retail users find appealing.
Staking ETH or SOL on Robinhood doesn’t require technical knowledge or hardware. The application abstracts away the validator infrastructure, providing a streamlined entry point to blockchain participation. This user-friendly experience fits with Robinhood’s strategy to make crypto more accessible and reduce barriers to entry.