Email on ETH 2 update from Coinbase

We have changed the way your ETH2 rewards show up in your Coinbase account

Hi there,

We have made changes to how your ETH2 rewards are represented in your account.

We added the ETH2 rewards you have earned to date to your balance and show it as a single amount.

The first payout in your account was the actual amount you earned to date, minus the Coinbase fee, based on on-chain rewards.

Your first payout might be slightly different than the estimate of rewards earned that was previously shown in your account.

After that single payout, you will receive payouts of the ETH2 rewards that will be added to your balance every 3 days.

You still won’t be able to unstake, sell, or send ETH2 until future upgrades on the Ethereum network or trading is otherwise offered.