Grayscale's Ethereum Mini Trust ETF address has transferred 214,400 ETH, valued at approximately $967 million, to 67 new wallets, according to on-chain analyst Ember. Each wallet received 3,200 ETH. This move has sparked speculation about potential staking activities, although the U.S. has not yet approved ETH staking for ETFs. Analyst Yu Jin noted the transfer amount aligns with typical staking quantities, raising questions about Grayscale's intentions.