“Iced Out My Arms” brings out Atlanta rappers 21 Savage, Future, T.I., and rap trio Migos together, each rapping about their lavish and rich lifestyle in the past, and brings their own special style on this track while name-dropping multiple famous brands of expensive jewelry.

Specifically, having “iced out” arms refers to having lots of jewelry, watches, and other cold metals on one’s arms; which is an euphemism for being rich.