Robinhood holds about $25B in crypto across 12 chains, Arkham data shows

Robinhood’s crypto wallets hold about $25 billion in digital assets spread across 12 blockchains, according to on-chain data from Arkham Intelligence.

That puts the retail brokerage in rarefied company. Arkham ranks it 10th among all entities it tracks by visible on-chain balances.

What’s inside Robinhood’s wallets

Arkham’s attribution covers approximately 1.7 million addresses linked to Robinhood. One snapshot of the combined balance came in at approximately $24.78 billion.

Bitcoin is the anchor. Robinhood’s wallets hold roughly 185,185 BTC, valued at approximately $15.46 billion.

Ether comes second, with about 1.576 million ETH worth approximately $4.23 billion.

Dogecoin holds third place, with roughly 30.434 billion DOGE worth approximately $2.86 billion.

One important caveat: these are largely aggregated customer custody wallets. This is not Robinhood’s corporate treasury.

Why the token mix stands out

Institutional custodians tend to hold portfolios that look like a sensible index fund. Lots of Bitcoin, a healthy slice of Ether, and not much else.

The Dogecoin allocation signals that its users lean much harder into meme assets than the clients of more institution-focused custodians.

Assets like that can move sharply on community enthusiasm alone. That means the dollar value of Robinhood’s holdings can swing considerably even when nobody deposits or withdraws a single coin.

Robinhood Chain enters the picture

Arkham has also expanded its coverage to include Robinhood Chain. This is a Layer 2 network that launched around July 1, 2026.

Robinhood Chain focuses on tokenized equities and meme-related activity. Tokenized equities are blockchain-based representations of traditional stocks.

Arkham integrated the network around the time of its launch.

What this means for traders and the market

With roughly 1.7 million addresses mapped, Robinhood’s on-chain activity is now far easier to watch in near real time.

Large movements of BTC or DOGE from Robinhood custody addresses, for example, may hint at shifts in retail positioning. Traders who track whale wallets now have a sizable new data source to study.

The caveat is that custody flows are noisy. A transfer between internal wallets is not the same as a customer selling, and on-chain analysts will need to separate housekeeping from genuine market activity.

The figures also shift constantly. Because the holdings are marked to market, the reported total rises and falls with crypto prices and customer behavior, so the $24.78 billion snapshot is exactly that: a snapshot.

A custodian holding approximately $2.86 billion in Dogecoin on behalf of retail clients carries a different risk profile than one sitting mostly in Bitcoin.