The Ethereum Foundation has stepped up its treasury staking strategy, staking $46 million in Ether in its biggest move yet.
On Monday, the foundation’s treasury multisignature wallet executed 11 deposits into the Ethereum Beacon Deposit Contract, each worth about 2,047 ETH, totaling 22,517 tokens valued at roughly $46.2 million, according to Arkham Intelligence data.
“This is more ETH than they have ever staked before,” Arkham said in a post on X.
The Ethereum Foundation began staking ETH in February with an initial deposit of 2,016 ETH and revealed plans to stake up to 70,000 ETH, directing the rewards toward research, ecosystem growth, and grants.
A smaller 31 ETH deposit earlier this month pushed the foundation’s total staked balance to about 24,564 ETH, reflecting a shift toward yield generation via staking rather than the often-criticized ETH sales.
 
Treasury Overhaul and Sustainability Drive
The latest staking initiative follows the Ethereum Foundation’s completion of an over-the-counter (OTC) sale of 5,000 ETH to Tom Lee-helmed BitMine Immersion Technologies, valued at roughly $10.2 million. The foundation said the proceeds will help fund core activities such as protocol research, ecosystem expansion, and community grants.
The deal also marked its second direct OTC sale to a corporate buyer, coming after a 10,000 ETH sale to SharpLink Gaming in July 2025.
Data from Arkham Intelligence shows the foundation still controls 147,471 ETH in its treasury, valued at approximately $303 million based on today’s prices. The second-largest crypto climbed to $2,070 on Monday, rising 3.5% on the day and extending its 30-day gains to 11%, according to CoinGecko.
Amid the Ethereum Foundation’s push to scale up staking for long-term network growth, Ethereum founder Vitalik Buterin offloaded over 19,300 ETH in February. He has indicated that the proceeds will be directed over time toward building an “open-source, secure, and verifiable full stack” of software and hardware across industries, including finance and governance, to help fund the Foundation during its period of “mild austerity.”
If institutional demand surges and overall sentiment strengthens alongside the Ethereum Foundation’s staking initiatives, ETH could move higher.
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