Ethereum Foundation to sell 1k ETH to fund R&D, grants
The Ethereum Foundation will sell 1,000 ETH and use the funds to support initiatives such as research, grants, and donations.
- Ethereum Foundation plans to convert 1,000 ETH into stablecoins via CoWSwap.
- The non-profit entity, which supports the Ethereum ecosystem’s development, will use the funds on research and development, grants and donations.
- EF also announced the conversion of 10,000 ETH into stablecoins for the same reasons in early September.
The Ethereum Foundation revealed this via a post on X , noting that it will convert the 1,000 Ether into stablecoins.
As has happened before, the foundation, a non-profit that supports the Ethereum protocol’s development, plans to use these funds to bolster the network via research and development as well as issuing grants and donations.
The sale comes as the price of Ethereum ( ETH ) edges towards a new all-time high following an intraday spike to near $4,600 on Oct. 3.
In its announcement, the Ethereum Foundation said the sale will involve the conversion of the 1,000 ETH to stablecoins, with this completed via CoWSwap. It will leverage CoW Protocol’s TWAP feature, aimed at minimizing the potential impact of the sale on market prices. EF says the move is part of the broader goal to highlight the power of decentralized finance.
At current ETH price of $4,517, the sale would be valued at around $4.51 million.
EF planned to sell 10,000 ETH
In September, the Ethereum Foundation announced a sale of 10,000 ETH, at the time valued at around $43 million. The latest announcement aligns with that move, with the non-profit saying it would convert the Ether into stablecoins “over several weeks.”
At the time, EF said the planned sale would be in small chunks or orders.
The foundation has been one of the most aggressive ETH sellers as the top altcoin withered under pressure in 2024. However, it has justified its actions amid several notable ecosystem support programs. Recently, it paused all open grant applications, citing a reorganization of its process amid a fresh approach and strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana's Latest Price Fluctuations: On-Chain System Vulnerabilities and Investor Sentiment in Advanced Blockchain Networks
- Solana's 2025 market volatility stems from technical vulnerabilities, validator instability, and shifting investor sentiment, with SOL experiencing a 150% drawdown from its peak. - Validator count dropped 68% since 2023, raising decentralization concerns as institutional participants adopt MPC solutions to mitigate downtime risks. - Institutional adoption grew via ETFs like SOEZ and BSOL , yet infrastructure risks prompted cautious on-chain behavior and diversified risk management strategies. - DeFi TVL
Bitcoin Leverage Wipeout: Systemic Threats in Cryptocurrency Derivatives Markets
- 2025 Bitcoin leverage liquidation events ($19B+ in October, $543M in December) exposed systemic risks in crypto derivatives markets, with Bitcoin short positions disproportionately affected. - Crisis revealed interconnectedness between crypto and traditional finance, as stablecoin de-pegging and liquidity shocks impacted U.S. Treasury markets and midcap tokens. - Regulators intensified oversight: FSB identified stablecoin/CASP gaps, Basel Committee adjusted prudential rules, and 70%+ jurisdictions advanc
Clean Energy Market Fluidity: How REsurety's CleanTrade Platform is Transforming Institutional Participation and Risk Strategies in Renewable Energy Trading
- REsurety's CleanTrade platform standardizes green energy trading, boosting institutional liquidity and risk management. - Launched in 2025, it facilitated $16B in trades, enabling transparent VPPA/PPA/REC trading and ESG-aligned hedging. - CFTC oversight reduces counterparty risk, aligning with decarbonization goals amid policy uncertainties. - Despite challenges like rising rates, CleanTrade bridges gaps by standardizing pricing and aggregating demand.
The Emergence of Clean Energy Derivatives: How CleanTrade is Transforming Institutional Investment in Renewable Resources
- CleanTrade's CFTC-approved SEF designation in 2025 revolutionizes clean energy derivatives by introducing institutional-grade liquidity and standardized trading for VPPAs, PPAs, and RECs. - The platform's $16B notional trading volume within two months demonstrates rapid institutional adoption, with major players like Cargill leveraging its transparent infrastructure to manage energy risks. - Integrated ESG analytics and automated compliance tools enable investors to align portfolios with sustainability g
Trending news
MoreCrypto prices
More
