Cathie Wood: Ethereum staking redemption demand surges due to Robinhood offering 2% reward
2025-07-26 06:52:08
Cathie Wood, founder and CEO of Ark Invest, said in a post on the X platform: Robinhood offers a 2% matching commission for cryptocurrency transfers, and venture capitalists and other investors transfer the pledged ETH into treasury-type public companies (DATs) in order to receive funds after the lock-up period expires. Similar to MSTR and BMNR, "crypto treasury-type" public companies are also a way for brokerages and investment advisors to provide clients with BTC and ETH investment opportunities.
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