The Ethereum foundation has successfully completed its 70,000-ETH stake mission. It deposited approximately 45,000 Ethereum worth $93,000,000 in just one on-chain transaction on April 3, 2019.
The following is a summary of the information that you will find on this website:
- According to data on the blockchain from Arkham Intelligence, The Ethereum Foundation has deposited around 45,000 ETH on April 3. This is a completion of its 70,000 ETH stake target announced in February.
- At current ETH rates of $2.055, the full program’s value is approximately $143,000,000.
- The completion marks a structural shift in how the foundation funds its operations — from periodic ETH sales to yield-bearing staking activity.
Ethereum) (ETHArkham Intelligence’s tracking data indicates that the ) Foundation achieved its 70,000-ETH stake target by putting in approximately 45,000 Ethereum worth about $93,000,000 during a single, on-chain transaction on April 3. This final deposit brings the total amount of staked Ether to the threshold that the non-profit committed to back in February. The completed program is valued at around $143,000,000 at current prices.
On February 24, the foundation began its staking program. made an initial deposit of 2,016 ETH The treasury has publicly pledged to stake approximately 70,000 ETH, and all staking reward will be directed into it. This move was made in response to a 2025 treasury update that aimed to increase yields and decrease dependence on ETH to fund operation. Data showed the foundation making what was then its largest single-day allocation — 22,517 ETH worth over $46 million transferred to the Ethereum Beacon Deposit Contract. It was surpassed by the April 3 session, which completed it in a single final move.
Infrastructure behind it
The staking setup uses open-source tools from Attestant — including Dirk and Vouch — with a focus on distributed signing, minority clients, and multi-jurisdiction validator infrastructure. This approach, according to the foundation, is not just designed to increase yields but also to strengthen Ethereum’s Proof-of-Stake security. It does this by adding an able-bodied and transparent validator.
“We are excited to take this important step, which helps secure the Ethereum network and at the same time fund the EF’s core operations and activities, including protocol R&D, ecosystem development, community grant funding and more,” In its February statement, the foundation stated post On X.
What this means for ETH
This completion coincides with a strategic timeframe. The foundation has faced persistent criticism over the past year for periodically selling ETH from its treasury — moves that generated operational cash but weighed on market sentiment. The foundation can directly address this criticism by staking its treasury rather than liquidating. This aligns their economic interests to Ethereum’s network’s health over the long term. At $2,055 per ETH and approximately 3–4% annualized staking yield, the 70,000 ETH position could generate around $4–6 million annually for the foundation’s operations without requiring further token sales.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: crypto.news
