1confirmation Founder: Coinbase Continues to Increase its ETH Holdings, Robinhood Will Follow Suit

1confirmation founder Nick Tomaino posted on X that Coinbase's balance sheet holds over $335.00 million worth of $ETH, and predicts that institutions like Robinhood will follow suit with this allocation strategy. He believes that although it is still early, the Layer 2 competition surrounding $ETH has already begun. [ChainCatcher]