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The Ethereum Foundation staked 45,034 ETH, valued at about $93 million, on Friday morning, increasing its total staked holdings to approximately $143 million and moving closer to reaching the audacious 70,000 ETH staking goal it outlined earlier this year.
It’s been rapid progress for the Ethereum Foundation, which only began staking in February, signaling a strategic shift toward earning returns on its treasury rather than dumping its holdings.
Ethereum Foundation locks 69,500 ETH
The 45,034 ETH deposit was divided into equal lots of 2,047 ETH each, valued at approximately $4.23 million per lot, and transferred from the foundation’s treasury multi-signature wallet to the Eth2 Beacon Chain deposit contract, according to data tracked by Arkham Intelligence.
Thursday’s deposits have brought the Ethereum Foundation’s total staked holdings to around 69,500 ETH (worth about $143 million). With institutional stake yields currently ranging between 2.7% and 3.8% APY, the Foundation could generate an estimated annual return of between $3.9 million and $5.4 million.
The Ethereum Foundation portfolio, tracked by Arkham Intelligence, shows approximately $271 million in assets spread across 14 addresses, with ETH dominating with around 102,400 ETH (around $209 million). Smaller holdings include USDC, BNB, and a modest amount of Bitcoin.
Release yield on Treasury holdings
EF kicked off its staking strategy in February with an initial 2,016 ETH, revealing plans to deploy approximately 70,000 ETH (currently worth around $143 million) in total. The move effectively positioned one of Ethereum’s most influential entities as an active economic player in the network’s consensus process.
Notably, the staking boost reflects the Foundation’s revamped treasury strategy for June 2025, signaling a more aggressive approach to putting its massive ETH reserves to work, using staking to drive ecosystem growth and ensure long-term sustainability.
The Ethereum Foundation’s shift to staking its ETH marks a shift away from its previous approach of funding operations through periodic token sales, a strategy that had often drawn criticism from segments of the crypto community.
Reaching the 70,000 ETH milestone does not mark the end of betting for the Ethereum Foundation. The foundation still holds over 102,000 ETH that are not yet up for grabs and has yet to reveal whether it will expand the program further or hold the remaining assets as liquid reserves.
The latest deposits coincided with Ethereum trading at around $2,054 at press time, marking a 3.5% gain over the past seven days.
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