Cathie Wood: Ethereum staking redemption demand surges due to Robinhood offering 2% reward

In response to questions from the community about the sudden surge in demand for Ethereum staking redemptions, Cathie Wood, CEO of ARK Invest, said: "Robinhood offers a 2% matching reward for cryptocurrency transfers, where venture capitalists and other investors transfer staked ETH to treasury companies (DATs) to double their funds after the lock up period ends. Similar to MSTR and BMNR, Caiku Company stocks are a way for securities advisors to provide clients with investment opportunities in BTC and ETH