Arkham Intelligence Identifies $25 Billion in Robinhood Crypto Custody Wallets

Robinhood holds roughly $25 billion in crypto assets across 12 different blockchains, according to on-chain data provided by Arkham Intelligence. The firm has linked approximately 1.7 million addresses to the retail brokerage, placing it 10th among all entities tracked by Arkham based on visible on-chain balances.

The portfolio is anchored by Bitcoin, with Robinhood wallets holding about 185,185 BTC valued at approximately $15.46 billion. Ether follows with 1.576 million ETH worth roughly $4.23 billion, while Dogecoin accounts for the third-largest position at 30.434 billion DOGE, valued at approximately $2.86 billion.

These holdings represent aggregated customer custody wallets rather than Robinhood’s corporate treasury. The significant allocation to Dogecoin highlights a preference for meme assets among Robinhood’s user base, which differs from the more traditional index-like portfolios often seen at institution-focused custodians.

Arkham has also expanded its tracking to include Robinhood Chain, a Layer 2 network launched around July 1, 2026. The network is designed to support tokenized equities and meme-related activity, with Arkham integrating the chain at the time of its launch.

For traders, the mapping of these 1.7 million addresses provides a new data source for monitoring retail positioning. Large movements of BTC or DOGE from these custody addresses could signal shifts in market sentiment, though analysts must distinguish between internal housekeeping transfers and genuine customer activity.

Because these figures are marked to market, the total value of the holdings fluctuates based on both crypto price movements and customer behavior. The $24.78 billion figure provided by Arkham serves as a snapshot of the portfolio at a specific point in time.