🐋 Grayscale transferred 292,000 $ETH ($1bn) to Coinbase Prime the day before the launch of the Ethereum #ETF .
Grayscale has almost 3,000,000 ETH ($10bn) in the Ethereum Trust, and it's likely that half of that will be reallocated to other funds like it did with BTC.
Meanwhile, #BlackRock is already bragging about buying 3,030 ETH for $10.6 million