On-chain knowledge reveals that the Ethereum Basis (EF) has offered 100 ETH for $336,475.
On Jan. 20, blockchain analytical agency SpotOnChain reported that this marks the muse’s second sale of Ethereum in 2025, bringing its whole gross sales to 200 ETH (valued at $672,000).
These transactions have reignited discussions inside the Ethereum group in regards to the basis’s strategy to managing its assets.
Stake or promote?
Critics argue that the EF ought to prioritize staking its ETH holdings to generate yields as an alternative of promoting. They imagine such an strategy aligns extra carefully with Ethereum’s targets and helps long-term sustainability.
Vitalik Buterin, Ethereum’s co-founder, addressed the controversy on X, explaining that regulatory issues and the potential for contentious arduous forks influenced the choice to promote slightly than stake.
Whereas regulatory pressures have eased, the danger of staking forcing the EF to take sides on divisive upgrades stays a major concern.
Nonetheless, Buterin famous that the EF is actively exploring methods to make the most of its ETH holdings extra successfully, together with staking. Nonetheless, these efforts are nonetheless within the early phases, as the muse seeks options that align with its broader mission.
In the meantime, SpotOnChain advised that the EF think about over-the-counter (OTC) buying and selling for future gross sales.
The platform argued that such an strategy would cut back public scrutiny and enhance the group’s notion of the muse’s monetary administration. It said:
“Nobody wants to see the EF continuously dumping ETH on them.”
Ethereum Basis restructuring
These developments come because the EF undergoes important management restructuring.
On Jan. 18, Buterin highlighted efforts to restructure the muse’s management to strengthen collaboration with builders, pockets suppliers, and Layer-2 networks.
This restructuring emphasizes decentralization, privateness, and open-source innovation, aligning with Ethereum’s core ideas.
In keeping with Buterin:
“[EF would] become more actively supportive of app builders, and make sure important values and inalienable rights (esp privacy, open source, censorship resistance) are a reality for users including at the app layer.”
Regardless of these modifications, Buterin pressured that the muse will preserve neutrality, refraining from political lobbying or endorsing particular pursuits. As an alternative, the EF will empower builders and foster innovation throughout the Ethereum ecosystem.
In the meantime, these discussions additionally attracted Aave CEO Stani Kulechov, who proposed elementary modifications to the EF’s operational and monetary methods.
He advocated chopping operational prices, optimizing the treasury by means of diversification, and establishing a sustainable income mannequin. Kulechov’s proposals included streamlining the EF’s workforce to give attention to technical experience and eliminating inefficiencies to boost monetary stability.
