Grayscale transfers $1B in ETH to Coinbase ahead of Ether ETF launch
The transfer occurred a day before the first spot Ether ETFs in the United States are expected to start trading on July 23.
![Grayscale transfers $1B in ETH to Coinbase ahead of Ether ETF launch](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvYmMzMjZiZDYtNDllMi00YzhhLTg4MGUtZDA0NzY3ZWUyYzdhLmpwZw==.jpg?#)
The transfer occurred a day before the first spot Ether ETFs in the United States are expected to start trading on July 23.
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