Robinhood jumps about 11% to around $94; Coinbase gains close to 7% after CFTC perps move

Robinhood (HOOD) and Coinbase (COIN) finished the week’s last trading session higher as US regulatory steps pointed to a larger domestic market for crypto derivatives. HOOD climbed about 11% to close around $94—its highest level since February—while COIN rose close to 7% to end near $189, within its roughly $160–$215 range seen since late March.