🔥 Crypto hot news: Grayscale transfers 1 billion USD ETH to Coinbase, preparing to launch Ether spot ETF!

- Grayscale transferred 292,262 ETH (worth over 1 billion USD) to Coinbase Prime wallet on July 22.

- About 10% of these ETH were transferred from the Coinbase hot wallet to the Grayscale Mini Trust, wallet "0xab3".

- This move comes just before the first US Ether spot ETFs begin trading on July 23.

- Coinbase will be the custodian for 8 of the 9 newly approved Ether ETFs, and currently custodian of 10 of the 11 existing Bitcoin spot ETFs.

🚀 What do you think about this move of Grayscale? Please share your opinion!#Crypto#BTC#ETH#Blockchain #Finance