As of Friday, the Ethereum Foundation (EF) has staked more than 45,000 Ether (ETH), pushing the cumulative staked amount to approximately 69,500 ETH. This total is just under 500 ETH away from the EF's target of 70,000 ETH. The staking process involved multiple transactions, each comprising 2,047 ETH, with the total value exceeding $92.2 million according to Arkham Intelligence.
The EF initiated its staking efforts in February as part of a new treasury strategy detailed in June 2025, aiming to utilize the returns from staking for protocol development and ecosystem grants. In the initial phase, 2,016 ETH worth about $4.1 million was staked in February, followed by 22,517 ETH valued at around $46.1 million in March.
This shift towards a yield-bearing treasury strategy comes in response to community calls for the EF to generate income from its holdings instead of relying solely on token sales for operational funding. Additionally, Ethereum co-founder Vitalik Buterin has raised concerns that the EF's staking could necessitate a position on potential hard forks, prompting the foundation to consider measures to address centralization risks associated with these activities.