Robinhood launches ETH and SOL staking services, available to US users

ChainCatcher news, according to Cryptoslate, Robinhood launched ETH and SOL staking services for U.S. users on July 10, with a minimum requirement of holding just $1 worth of cryptocurrency to earn staking rewards. This move marks the expansion of its staking business from Europe to the U.S. market, allowing users to participate in blockchain network validation without running a validating node.

In terms of ETH staking, Robinhood employs a batching mechanism to pool user tokens to meet the 32 ETH requirement for a single validator, with users receiving 50% to 100% of the protocol rewards. The SOL staking service has also launched simultaneously, with Robinhood handling all technical processes, further lowering the participation threshold for retail investors.

Due to regulatory policies, users in California, Maryland, New Jersey, New York, and Wisconsin are currently unable to access this service. The platform also plans to charge a 25% commission on staking rewards starting in October 2025, along with additional fees for third-party service providers.