Why You Might Not Be Able to Buy Shiba Inu on Robinhood Anytime Soon

Robinhood (NASDAQ: HOOD) reported 22.4 million funded accounts in the third quarter of 2021, and many of those users are interested in cryptocurrency. Robinhood's cryptocurrency revenue in Q3 soared 860% year over year. More than 1 million people are on the company's crypto-wallet wait list.

While Robinhood is rapidly expanding its cryptocurrency capabilities, it isn't moving fast enough for some investors. The trading platform doesn't support one of the hottest digital coins on the market -- Shiba Inu (CRYPTO: SHIB). Here's why you might not be able to buy Shiba Inu on Robinhood anytime soon.

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Source Fool.com