Transparency matters. Over the coming weeks, we’ll convert 10,000 ETH via centralized exchanges to support the Ethereum Foundation’s ongoing work across research & development, grants, and donations.

What’s happening
Amount: Up to 10,000 $ETH
When: Over several weeks this month
How: Executed on centralized exchanges in multiple smaller orders (not a single large trade) to reduce market impact and manage execution risk
Purpose: To fund R&D, ecosystem grants, and public-goods donations
Why we’re doing this
The EF periodically converts a portion of its treasury to meet near-term operational needs, diversify currency exposure for grants and expenses, and maintain responsible runway for long-term programs.
How we’ll execute
Staggered execution: Orders will be placed incrementally over time.
Risk management: Using standard compliance and custody practices.
No trading signal: These conversions are not a directional view on ETH’s long-term prospects; they’re routine treasury operations.
Our commitment to transparency
You can review our principles, guardrails, and disclosure practices in the EF’s public treasury policy: EF Treasury Policy (June 4, 2025)