I need to remind you of a fact. The ether in Grayscale's hands:
1. Almost none of it belongs to Grayscale. It is all bought by users.
2. Grayscale's ether trust is not locked. If you hold Grayscale's ether trust now, you can sell it at any time.
Therefore, before the Grayscale ether spot ETF goes online, there will be no accumulation of selling pressure, because holders can sell it now if they want! Do you understand me?
