Why is Robinhood Markets stock sliding today? By Investing.com

Robinhood Markets shares were down 3.4% to $110.46 in morning trading as investors braced for a key Senate procedural vote on crypto regulation at 2:15 p.m. ET. The vote targets cloture on the Digital Asset Market Clarity Act, a bill intended to create a comprehensive regulatory framework for cryptocurrencies and digital assets. The article notes that odds of passage for 2026 deteriorated sharply, with prediction markets pricing the probability of it becoming law at roughly 10–16%, down from more than 80% earlier in the year. Three sticking points are highlighted: ethics provisions aimed at officials’ crypto holdings, DeFi developer liability concerns, and a stablecoin yield provision.