On July 10, 2025, the Ethereum Foundation executed a planned sale of 10,000 ETH, valued at $25.7 million, to SharpLink Gaming Inc., highlighting its ongoing treasury management strategy.
The sale signifies Ethereum’s strengthening institutional backing, with SharpLink intending to stake the ETH, potentially reducing circulating supply and enhancing network security, as confirmed by Joseph Lubin.
SharpLink Acquires 10,000 ETH from Ethereum Foundation
The Ethereum Foundation completed a treasury rebalancing by selling 10,000 ETH to SharpLink Gaming. This move aligns with its policy to ensure operational funding via a controlled sale of assets. SharpLink Gaming, led by Joseph Lubin, purchased the ETH with plans to make it the principal treasury asset. This acquisition underscores Ethereum’s appeal in institutional settings, emphasizing strategic long-term goals.
“At a time when Ethereum is entering a new era of institutional relevance, we are proud to support the network’s long-term strength and utility by making Ethereum our principal treasury asset.” — Joseph Lubin, Chairman, SharpLink Gaming
Staking Plans May Boost Ethereum’s Network Security
The transaction might bolster Ethereum’s network security through increased staking. Joseph Lubin’s dual role adds credibility to SharpLink’s commitment, mitigating negative community sentiment regarding the Foundation’s ETH sales.
The sale price below market rates suggests an over-the-counter agreement to avoid price disruption. SharpLink’s staking plans offer Ethereum a more stable base, signaling possible increased support from institutional stakeholders.
Analysts Predict Institutional Interest in Ethereum
This sale is reminiscent of previous Ethereum Foundation ETH offerings, often meeting with mixed community views. Foundation sales are typically part of fiscal management rather than market timing measures.
Analysts from Kanalcoin suggest that this transaction may inspire similar institutional actions, leveraging Ethereum for yield generation amid its evolving financial landscape. Expert insights imply staking might position Ethereum as a more attractive asset class.
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