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Grayscale Moves $1B Ethereum to Coinbase Prime Ahead of ETF Launch

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Following the transaction, some market participants speculated that Grayscale might be planning a sell-off to reinvest in other cryptocurrencies like Solana. However, Jon Campagna, managing partner at Nexyst Digital, dismissed these claims. He clarified that Grayscale’s move was to allocate 10% of its Grayscale Ethereum Trust (ETHE) holdings into its new Ethereum ETF, which is …

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