The Ethereum Foundation has announced the sale of approximately $43 million in Ether to fund research and grant projects within the ecosystem.
Plans for Ether Sale
The Ethereum Foundation (EF) stated that it plans to sell 10,000 ETH through centralized exchanges over several weeks. The sale will occur in smaller orders to minimize market disruption.
Changes in Grant Policy
This sale follows EF's temporary pause on open grant applications as the foundation works to improve its grant process. As of Q1 2025, EF has already awarded over $32 million in grants, primarily for community development and education. The treasury policy published by EF in June outlines its determination of ETH sales.
Market Activity and Volatility
At the time of writing, ETH was trading around $4,323, rising 21% in the last 30 days. Notable transactions include Yunfeng Financial Group purchasing 10,000 ETH and Ether Machine acquiring 150,000 ETH for its treasury. Ethereum Co-Founder Joseph Lubin recently stated that Wall Street's adoption of ETH could make Ethereum 100x stronger.
The cautious sales by the Ethereum Foundation are designed to support Ethereum’s growth while minimizing market disruption and demonstrate its commitment to ecosystem development.
