Shiba Inu on Robinhood: Unveiling Investor Numbers Amidst Market Stagnation

by Crypto Hobby

Updated August 14, 2025

Shiba Inu coin beside Robinhood trading platform.

Shiba Inu's integration with the Robinhood trading platform in April 2022 generated significant buzz within the cryptocurrency community.

The listing was highly anticipated, with users frequently urging Robinhood to add the popular dog-themed token.

Despite the widespread interest and Robinhood's large user base, the exact number of investors who have purchased Shiba Inu on the platform remains undisclosed.

The Highly Anticipated SHIB Listing

Robinhood officially added Shiba Inu (SHIB) to its trading services on April 12, 2022.

This move was met with considerable excitement, as the cryptocurrency community had been vocal in their demands for the listing.

Even prominent financial figures like Jim Cramer discussed the potential impact of SHIB on Robinhood's platform.

User Influx and Expectations

With Robinhood boasting approximately 26 million users, the listing of SHIB was expected to drive a substantial influx of new investors.

Many anticipated that a significant portion of Robinhood's user base would engage with the token, leading to increased trading activity.

Reports indicated a surge in Robinhood app downloads and new registrations around the time of the listing, with a notable interest from younger investors eager to acquire SHIB.

Key Takeaways

Robinhood listed Shiba Inu on April 12, 2022, after significant community demand.
The exchange has not officially released data on the number of users who have bought SHIB.
Robinhood has around 26 million users, with an estimated 12-13 million being active traders.
Even a small percentage of active users buying SHIB could represent hundreds of thousands of investors.
SHIB's price performance since the listing has been largely stagnant, potentially dampening investor enthusiasm.

The Mystery of Investor Numbers

Robinhood has maintained user privacy by not disclosing specific data on how many of its users have purchased Shiba Inu.

While the platform has around 26 million users in total, it's estimated that 12 to 13 million of these are active traders.

If even a modest 5% of these active users decided to invest in SHIB, it could translate to approximately 600,000 investors. However, this remains a speculative figure, as no official confirmation has been provided by Robinhood.