Polkadot ETF realized $4.52 of loss per $1 in staking rewards

DOT

DOT/USDT

$0.7770

+5.57%

$0.7770

+5.57%

(24s)

24h Volume

$49,566,701.20

24h H/L

$0.7800 / $0.7350

Change: $0.0450 (6.12%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0061%

Longs pay

Data provided by COINOTAG DATALive data

Polkadot

Daily

$0.7780

▲ 3.46%

Volume (24h): -

Resistance Levels

Resistance 3$0.8700

Resistance 2$0.8420

Resistance 1$0.7852

Price$0.7780

Support 1$0.7680

Support 2$0.7530

Support 3$0.7230

Pivot (PP):$0.7460

Trend:Downtrend

RSI (14):44.9

Protos Editorial

(03:11 PM UTC)

1 min read

Updated byDavid Kim

0 comments

On Friday, the 21Shares Polkadot ETF (TDOT) reported that it realized $4.52 of loss per share by selling Polkadot (DOT) tokens to make each $1 per share of staking payouts last quarter.

The fund sold 98,505 DOT last quarter to generate $107,510 of cash payments to shareholders. Those sales finalized losses of $485,553 due to the dramatic decline of DOT.

Specifically, the price of DOT…