The Ethereum Foundation (EF), a key supporter of the Ethereum ecosystem, announced it will sell about $43 million in Ether (ETH) to fund research, grants, and donations for the ecosystem.
In a post on X, EF said it plans to convert 10,000 ETH using centralized exchanges over several weeks. The foundation emphasized the sale will occur in smaller orders instead of a single large transaction to avoid market disruption.
The sale follows EF’s temporary pause on open grant applications, as the foundation works to improve its grant process. As of the Q1 of 2025, EF had already given out more than $32 million in grants, primarily to community development and education. The treasury policy published by EF in June describes the determination of ETH sales.
The foundation periodically calculates its fiat-denominated assets to decide the amount of ETH to sell over the next three months. Since introducing the policy, EF has sold $25 million worth of ETH to SharpLink Gaming and 2,795 ETH worth $12.7 million.
Market Activity and Volatility
At the time of writing, ETH was trading around $4,323, rising 21% in the last 30 days. Moreover, other big ETH moves include Yunfeng Financial Group buying 10,000 ETH on the open market and Ether Machine securing 150,000 ETH for its treasury ahead of a planned Nasdaq listing.
Ethereum Co-Founder Joseph Lubin also recently said Wall Street’s adoption of ETH could make Ethereum 100x stronger as a “monetary base” and even challenge Bitcoin.
The cautious sales of Ethereum Foundation are designed to help Ethereum grow without disrupting the market and demonstrate the interest of the foundation in developing the ecosystem.