Kinda. There are currently two chains that can be called "Ethereum" right now, commonly known as Eth 1 and Eth 2, and funds have started moving to Eth 2 via sta

Kinda. There are currently two chains that can be called "Ethereum" right now, commonly known as Eth 1 and Eth 2, and funds have started moving to Eth 2 via staking (currently the Eth 2 contract running on Eth 1 is the largest holder of Ethers on the Eth 1 network). You can use Eth 2 already, but can't transfer funds back to Eth 1 yet and the chains haven't been "merged" yet.