Grayscale Sends 214,400 ETH to 67 New Wallets — Possible Ethereum PoS Staking Move Ahead of SEC ETF Approval

On-chain analyst Yu Jin reported that a Grayscale-linked Ethereum Mini ETF address transferred 214,400 ETH (about $967 million) into 67 new wallets, with each receiving 3,200 ETH. Blockchain flow analysis suggests these distributions could be consistent with preparatory steps for custodial staking under a proof-of-stake framework, while noting the SEC has not authorized an ETF that explicitly permits provider-led staking. Market observers will watch these on-chain allocations for potential impacts on custody strategies and supply concentration, as sizable institutional transfers can influence liquidity and allocation decisions without confirming any immediate staking deployment.