Arkham Invest recently discovered that Robinhood allegedly has the fifth-largest Ethereum wallet globally.

This news comes shortly after Arkham pinpointed Robinhood as the owner of the world’s third-largest Bitcoin wallet.

Robinhood’s Ethereum Holdings Revealed

Arkham Intelligence released findings that Robinhood holds approximately 1.493 million Ethereum, worth roughly $2.54 billion. Additionally, in a recent post on X (formerly Twitter), the investment firm declared this is the fifth-largest holdings of Ethereum in the world.

This particular wallet contains a range of other cryptocurrencies, such as Shiba ($163 million), Chainlink ($14.23 million), and Avalanche ($10.4 million), all held by Robinhood.

Upon the disclosure of the findings, a user raised the question of the funds’ actual owner.

“Is this their funds or user,” the user asked.

Arkham alludes to the SEC’s increasingly <

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Author: Ciaran Lyons

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