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International Business Times
International Business Times
Business
Marvie Basilan

Robinhood BTC Stash Grows By 14% In The Last 6 Months: Arkham Data

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City. (Credit: Reuters)

KEY POINTS

  • Robinhood's cold storage address holds 0.69% of the world's total BTC
  • Coinbase's Grogan noted that Robinhood was the 'biggest gainer by percentage' in the last 6 months
  • On the other hand, Robinhood's ETH holdings have decreased by 9% in the said period

Financial services company Robinhood has grown its Bitcoin treasury by a significant 14% in the last six months, on-chain data showed, making the Menlo Park-based firm the "biggest gainer" by percentage in a six-month period.

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