Ethereum Foundation (Ef) Shared in a post of X on Tuesday that it plans to sell 10,000 ETH via centralized exchanges over the next several weeks to support work against research and developments, ecosystem grants and related donations.
According to CoinMarketcap, ETH will amount to approx. $ 43 million for Tuesday’s awards.
“Conversions take place over several smaller orders rather than as a single major transaction,” the EC wrote in the post at X.
0/ Transparency Message: Over the course of several weeks this month this month converts EF 10K ETH via centralized exchanges as part of our ongoing work to finance R&D, grants and donations.
Conversions take place over several smaller orders rather than as a single major transaction.
– Ethereum Foundation (@ethereumfndn) September 2, 2025
The news follows the EC’s roll -out of a new Ministry of Finance’s policy shared earlier in June, capsule annual operational expenses (OPEX) At 15%, a multi -year reserve buffer establishes and sets a gradual pace against even slimmer to use in the long term.
The fund sold another 10,000 ETH to Sharplink Gaming in July, making it the first public traded company buying ETH from a key company in the network’s ecosystem.
Tuesday’s announcement comes as the ETH award is skyrocket and reaches a high peak at the end of August of $ 4,866.
ETH traded about $ 4,330 from us afternoon hours on Tuesday, which is approx. 2% over the last 24 hours.
Read more: The Ethereum Foundation reveals new State Folk Policy with 15% OPEX CAP
