According to Coinbase Director Conor Grogan, the well-known cryptocurrency exchange Robinhood holds $266 million worth of SHIB tokens in its portfolio. Grogan states that SHIB represents 8% of Robinhood's holdings, with Ethereum (ETH) making up the largest portion at 88%, valued at $2.99 billion.

Additionally, Robinhood announced earlier this month that it would include SHIB as one of the coins accepted by its Web3 wallet, along with Solana (SOL), Polygon (MATIC), and Compound (COMP).

At the time of publication, Shiba Inu was trading at $0.00001154, with a 0.3% decrease in the last 24 hours.

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