Ethereum Foundation Stakes $93M in ETH, Hits 70,000 ETH Target!

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<a href="https://jpykr.com/eth-usd/">Ethereum</a> Foundation stakes another $93 million ether, reaching its 70,000 <a href="https://bbg-news.com/eth-usd/">ETH</a> targetMarkets

What to know:

  • The Ethereum Foundation has now staked roughly $143 million worth of ether, effectively completing its previously announced 70,000 ETH staking target.
  • The move shifts the foundation from regularly selling ETH to help fund its roughly $100 million in annual expenses toward earning staking yield of an estimated $3.9 million to $5.4 million a year instead.
  • Despite the new staking program, the foundation still holds more than 100,000 ETH unstaked and has not said whether it will expand staking beyond the initial commitment or keep the rest as liquid reserves.

According to data from Arkham, the Ethereum Foundation recently staked around $93 million worth of ether, increasing their total staked ether to about $143 million. This brings them close to their goal of staking 70,000 ETH, which they announced earlier in February.

A total of 45,034 Ether (ETH) was divided into equal amounts of 2,047 ETH—each worth approximately $4.23 million—and transferred from the foundation’s main account to the deposit contract for the Ethereum 2.0 Beacon Chain.

With Ethereum trading around $2,059, the $143 million worth of staked Ether equals about 69,500 ETH, which is almost the promised 70,000 ETH.

As an analyst, I’ve been tracking this foundation’s strategy, and it’s been a deliberate build-up to a specific goal. They started back in February with an initial deposit of 2,016 ETH, and then significantly increased that on Monday with around 20,470 ETH. Finally, on Thursday, they completed the process by adding the remaining amount in a single transaction.

The foundation currently holds about $270.9 million in digital assets across 14 different accounts. The majority of these holdings, around $210.9 million, are in Ethereum (ETH), with approximately 102,400 ETH. They also have smaller amounts of USDC, BNB, and a very small portion of Bitcoin.

Yield income

Staking involves holding your cryptocurrency to help operate and protect a blockchain network, and in return, you earn more cryptocurrency as a reward. Think of it like investing in bonds – you’re essentially lending your crypto to earn a return.

Based on my analysis, this staking position is projected to yield between $3.9 million and $5.4 million each year, given the current rates of 2.7% to 3.8% that institutional stakers generally receive. I also anticipate that utilizing MEV-boost could potentially increase those returns even further.

While a small amount compared to the foundation’s usual $100 million in yearly costs, this move turns previously unused funds into working capital without requiring the sale of any ETH.

Why staking?

The Ethereum Foundation is now earning rewards by staking its Ether, which will be used to support research, fund projects, and cover operating costs. This approach allows them to grow their funds without selling any of their Ether, building a long-term, self-funded system.

This is a change from the previous approach, which involved selling ETH and negatively impacting its price. The foundation received negative feedback about this practice throughout 2024 and into early 2025.

Staking generates income for the network. However, it doesn’t remove the need to sell assets completely.

Okay, so we hit the 70,000 ETH staking goal, which is great! But don’t think they’re done yet. The foundation still has over 100,000 ETH that *isn’t* being staked. I’m watching closely to see if they decide to stake more, or if they’re just keeping that ETH available as cash for now. They haven’t said which way they’ll go.

Ether traded at $2,059 at the time of the deposits, down roughly 4.3% over the past week.

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2026-04-03 15:00