21Shares Polkadot ETF Q2 Staking Yields $1 Reward Per $4.52 Realized Loss

TDOT sold DOT to fund payouts, incurring $485k loss against $107k revenue as asset prices fell 34% in Q2.

Woofun AI data shows that the 21Shares Polkadot ETF (TDOT) incurred a realized loss of approximately $4.52 for every $1 of distributable staking earnings generated during the second quarter of 2026. To provide cash payouts to shareholders, the fund sold 98,505 DOT tokens, generating roughly $107,500 in revenue but triggering a loss of about $485,600 due to depressed market prices.

DOT prices declined by approximately 34% in the second quarter and 76% over the preceding 12 months. While TDOT distributed an average of $0.14698 per share, the fund's share price fell from $14.95 to $9.86, meaning staking revenues did not compensate for the capital depreciation.