Ethereum Foundation to Convert 10,000 ETH Through Centralized Exchanges for Funding
The Ethereum Foundation has announced plans to sell 10,000 ETH through centralized exchanges over several weeks in September. To finance research, grants, and ecosystem donations.
To minimize volatility, the organization said the conversions will be split into smaller orders rather than executed as a single transaction. While the move has drawn criticism from parts of the community. EF emphasized that the sales are routine operational funding measures and part of its long-term strategy to support Ethereum’s growth.
The Foundation did not specify the exchanges, timing, or tranche sizes but highlighted its intent to maintain transparency and reduce market disruption.
Clever Robot News Desk 4th September 2025
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