As staking grows in popularity through liquid staking derivatives, there is a need to better quantify staking returns for different platforms and how they change over time, says Marcin Kazmierczak, co-founder and coo, RedStone.
ARK sold a similar amount - $15.8 million - worth of shares in the ProShares Bitcoin Strategy ETF (BITO), the first ETF linked to the bitcoin futures market to list in the U.S.
ARK Invest has a target of no individual stock surpassing 10% weighting of an ETF's value. COIN doubled in price in the last three months of 2023, bringing about consistent sales of the crypto exchange's stock by ARK.