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In the first quarter of 2021, the investing and financial management category saw significant activity among top applications in the United States. The data, sourced from Sensor Tower, showcases how these apps have fared in terms of downloads and weekly active users.
Robinhood: Investing for All experienced a surge in downloads, peaking at 2.1M in late January, before gradually declining to 171K by the end of March. Weekly active users followed a similar trend, starting at 6.9M and reaching a high of 10.7M before settling at 8.5M.
Coinbase: Buy Bitcoin & Ether also saw a peak in downloads during late January with 817K, decreasing to 186K by March's end. The weekly active users for Coinbase started at 2.2M, peaked at 3.1M in early February, and ended the quarter with 2.6M active users.
For Webull: Investing & Trading, which showed a revenue increase from $17K to $52K in late February, downloads hit their zenith at over 1.1M in the last week of January, before tapering to 70K by the close of Q1. Weekly active users mirrored this download spike, starting at 839K and reaching 2M, with a slight decrease to 1.3M by quarter's end.
The Crypto.com-Buy Bitcoin,ETH,SOL app downloads grew to a high of 288K in the second week of February, then fell to 162K by March 29. Active users climbed from 328K to 919K, showing a consistent upward trend throughout the quarter.
Lastly, Binance: Buy Bitcoin & Crypto downloads soared to 678K in the week of January 25, before reducing to 102K by the end of March. The app's weekly active users exhibited growth from 254K to 911K, indicating increasing user engagement over the period.
These figures highlight the dynamic nature of the investing app market. For more detailed insights and data, Sensor Tower's full reports offer an in-depth look at the app economy.