Institutional Ethereum Adoption Surges as Ethereum Foundation Sells Off

While the Ethereum Foundation (EF) is strategically selling a portion of its holdings, other major players are aggressively accumulating ETH. This split in activity highlights the diverse strategies at play in the Ethereum ecosystem.

The Ethereum Foundation's Strategic Sell-Off

The Ethereum Foundation announced plans to sell 10,000 ETH (worth about $43 million) to fund ongoing development, research, and grants. To avoid market disruption, the sale will be conducted in small orders over several weeks. This is not the first time the EF has done this; they previously sold off a large amount of ETH in late 2020. The foundation has already distributed over $32 million in grants in the first quarter of 2025 and recently updated its treasury policy to formalize its approach to these sales.

Major Players Accumulating ETH

In contrast to the EF's sales, several large companies are dramatically increasing their Ethereum holdings:

• BitMine Immersion Technologies has become the largest corporate holder of Ethereum, with a treasury of nearly 1.9 million ETH, valued at over $8.1 billion. The company also holds $635 million in cash and Bitcoin. This news has boosted BitMine's stock, which is up over 40% in the last month. ARK Invest has also expanded its stake in the company.
• Ether Machine has secured 150,000 ETH to build its corporate treasury ahead of a planned Nasdaq listing. Its total holdings now exceed 345,000 ETH, valued at about $1.5 billion.
• Yunfeng Financial Group recently purchased 10,000 ETH in the open market.

Market Outlook

This increased institutional interest, coupled with a recent price surge, is driving bullish sentiment around Ethereum. Ethereum co-founder Joseph Lubin even suggested that Wall Street's adoption of staking and decentralized finance could eventually cause ETH to surpass Bitcoin. The price of ETH has climbed over 23% in the last month, trading at around $4,334.

September 2025, Cryptoniteuae