Today, the Ethereum Foundation announced the sale of 5k ETH (~$11M), in alignment with the group’s treasury policy.

• Necessary Funding: Earlier today, the Ethereum Foundation (EF), announced that it intends on selling 5k ETH as part of as a part of its ongoing work to fund R&D, grants, and donations. The sale will be executed on CoW Swap using a time-weighted average price (TWAP) strategy, enabling the tokens sale to be distributed programmatically across time.

• Previous Sales: The last EF ether sale occured on October 3, 2025, when the Foundation sold 1k ETH for $4.5M of proceeds via CowSwap. The month prior to that sale, the EF had sold 1ok ETH for $43.6M via centralized exchanges.

• Dual Income: In addition to its ETH sales, the Ethereum Foundation also earns income through onchain yield farming activities. Last week, the EF staked 45k ETH worth roughly $93 million. That deposit raised the Foundation’s total staking position to 69.5k ETH, puting it close to completing the 70k ETH staking target it announced this February,