Ethereum Foundation go sell 10,000 ETH for ecosystem funding

Ethereum Foundation don announce say dem go dey sell 10,000 ETH (about $43 million) gradually through small orders for centralized exchanges to make sure say e no go too affect market. The money dem go gather go fund research, development, grants and charity work, as per their June treasury policy wey limit yearly operating cost to 15%, add reserve buffers and set small small reduction for spending. For Q1 2025, the Foundation distribute over $32 million as grants. Since June, dem don sell 10,000 ETH to SharpLink Gaming (about $25 million) plus another $12.7 million for two other transactions. Meanwhile, institutional demand for ETH dey rise. Yunfeng Financial Group buy 10,000 ETH and Ether Machine add 150,000 ETH, make their treasury now reach 345,000 ETH. BitMine Immersion Technologies hold near 1.9 million ETH, 192 BTC and $635 million cash, make their stock jump 41% last month. People wey dey optimistic like ARK Invest, Tom Lee and Joseph Lubin talk say the long-term upside dey, as recent Fed rate hints help ETH rally 23% last month. Traders suppose dey watch the slow ETH sales for possible short-term market wahala, but dem see say solid ecosystem funding and strong institutional buying na good sign.