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Ethereum Foundation doubles staked ether, clearing two-thirds of 70,000 ETH target

The Block
The Ethereum Foundation has staked 47,050 ETH, reaching two-thirds of its 70,000 ETH goal to generate yield instead of selling treasury holdings.

Summary

The Ethereum Foundation has significantly accelerated its staking efforts, reaching 47,050 ETH—valued at approximately $96.6 million—surpassing two-thirds of its 70,000 ETH target. This move is part of a 2025 treasury policy overhaul aimed at generating yield on assets to support ecosystem development, marking a shift away from the foundation's previous reliance on periodic ETH sales to fund operations. By staking its reserves and deploying capital into DeFi platforms, the foundation seeks to act as a sustainable steward of the network.

(Source:The Block)