The catch is that when Robinhood goes bust because of the risky investments they're making to get you that 3% yield, and they take the SIPC down with it, then the government bails out the SIPC and Robinhood you lose…
The catch is that when Robinhood goes bust because of the risky investments they're making to get you that 3% yield, and they take the SIPC down with it, then the government bails out the SIPC and Robinhood you lose…