Robinhood’s 2% Incentive Triggers Massive ETH Unstaking as Investors Embrace Alternative

VCs are showing preference for Robinhood’s offering of traditional ETH staking. Robinhood offers a 2% match for crypto transfers. ETH surged 7% within 72 hours to regain bullish momentum. Ethereum unstaking surged in July, and Ark Invest CEO Cathie Wood links it to a growing preference for an alternative offering from Robinhood, a versatile crypto trading platform. According to Wood, Robinhood offers a 2% match for crypto transfers, which has become an incentive for many Ethereum users to opt for the service over staking. Investors found a new way to double profits In her latest post on X, Wood noted that Venture Capitalists (VCs) and other investors are exploring the profitable opportunity provided by Robinhood by shifting staked ETH into Treasury companies via Direct Access Trading (DAT). That system enables them to double their money when lockups expire. Robinhood offering a 2% match for crypto transfers, and VCs and other investors shifting staked ETH into Treasury companies (DATs) to double their money when lockups expire. As with $MSTR $BMNR ,Treasury stocks are a way wirehouse advisors can give clients exposure to BTC and ETH. https://t.co… The post Robinhood’s 2% Incentive Triggers Massive ETH Unstaking as Investors Embrace Alternative appeared first on Coin Edition .