EddieJayonCrypto
29 Jul 25
In July, Ethereum unstaking increased due to Robinhood's crypto trading platform offering a 2% match for crypto transfers, attracting users away from traditional staking. Ark Invest CEO Cathie Wood noted that venture capitalists and investors use Robinhood’s Direct Access Trading to move staked ETH ...
Ethereum unstaking surged in July, driven by a growing preference for an alternative offering from Robinhood, a versatile crypto trading platform. Ark Invest CEO Cathie Wood highlighted that Robinhood's 2% match for crypto transfers incentivizes many Ethereum users to choose this service over traditional staking.
Wood explained that Venture Capitalists (VCs) and investors are leveraging Robinhood’s platform by shifting staked ETH into Treasury companies via Direct Access Trading (DAT). This mechanism allows them to double their money as lockups expire. Examples such as Strategy’s MSTR and Bitmine’s BNMR demonstrate how advisors utilize Treasury stocks to expose clients to Bitcoin (BTC) and Ethereum (ETH).
Typically, increased ETH unstaking might raise concerns about the asset’s long-term outlook, hinting at potential sell-offs. However, the involvement of institutional investors indicates a strategic capital rotation rather than a panic-driven exit. Robinhood’s incentive program appears to attract institutional-class investors known for their high-volume and long-term holdings.
Pro-Ethereum analysts suggest this 2% bonus could motivate more investors to acquire ETH, further enhancing returns and contributing to rising demand. At the time of writing, Ethereum traded around $3,750 after rebounding from a recent pullback, enjoying a 7% rally within 72 hours. ETH remains less than 3% below its recent swing high, an important resistance level that could influence the cryptocurrency’s short-term trajectory.