The Pit Report · Nov 6, 2026
Robinhood CEO Vlad Tenev hosts a live Robinhood Chain AMA on stock tokens and RWA-meme plans, TopFloor's free mint collapses after bot-heavy wallets dump, SightHood opens a creator rewards season, StreetHood keeps nonstop NFT Spaces running, HashPack brings Robinhood stock tokens onto Hedera, ITIA opens a Genesis whitelist, Fungo runs sealed encrypted bids, CrossPollination drops butterfly art on Tezos, Bitcoin and Ethereum ETFs see large outflows and Devcon 8 wraps in Mumbai.
Robinhood CEO Vlad Tenev ran a 45-minute X AMA inviting builders to show what they are shipping on Robinhood Chain. He said stock tokens are live and permissionless for developers, framed the chain as a home for real-world assets and memes, and noted on-chain content is showing up in Robinhood Wallet and the main app.
The 888-piece TopFloor collection on Robinhood Chain offered a free mint on OpenSea tied to a future launchpad and token. An on-chain look by Curated Apes flagged many clustered and no-history mint wallets, and within about 40 hours most early minters sold as listing asks fell from near $40 into the low single digits.
SightHood opened a three-week creator season that pays USDC and points for X posts about its Sight prediction markets and $SGT token on Robinhood Chain. The project also points to SightEVM work and free NFT mint tie-ins with LootRush while reminding users they control their own wallets.
StreetHood Media founder CashPig is hosting round-the-clock X Spaces for Robinhood Chain collectors, with market talk, project spotlights and giveaways. Fresh sessions have pulled in hundreds of listeners swapping wallets for airdrops and chatting about new mints such as Sharkzuki.
HashPack and SODAX made Robinhood-issued stock tokens tradable inside the Hedera wallet, with lock-and-mint HTS versions of names like Apple, Nvidia and an S&P 500 ETF. SODAX routes liquidity across more than 20 networks, and redemption back to the Robinhood versions is planned.
ITIA (I Think It's Art) is flooding timelines with "WE STAND WITH ITIA" posts ahead of a 1,111-piece Genesis free mint on Ethereum via OpenSea. Whitelist applications stay open until November 18 after personal reviews, with community galleries and game collabs already in motion.
FungoLabs is running a sealed-bid auction for its Genesis collection on Ethereum using Zama encryption so bids stay hidden until a uniform clearing price. Each piece splits a revealable Look layer from forever-private Essence traits, with token and launchpad revenue share planned for holders.
Seventy-plus artists from more than 20 countries opened the #CrossPollination butterfly drop on TeiaArt, pairing still pieces with custom animations. Works range from editions to 1/1s, and an oncyber gallery lets collectors walk the set.
U.S. spot Bitcoin and Ethereum ETFs recorded roughly $530 million in combined outflows as equities sold off hard after the midterms. Bitcoin held near the mid-$70,000s while traders watched whether support around the 50-week moving average would hold.
The Ethereum Foundation's Devcon 8 closed four days at Mumbai's Jio World Centre, its first India edition. Builders packed protocol, privacy and app sessions, side events featured Vitalik Buterin, and attendees left with merch piles, wristbands and new contacts.
Minting this week: see the Robinhood Chain NFT mint calendar →
News roundup written in our own words with links to the original sources. Not financial advice. Not affiliated with Robinhood.
