The Ethereum Foundation (EF) continued its treasury management strategy, staking another batch of ether worth $46.64 million.
According to analytics platform Arkham Intelligence, the transaction took place on April 3, 2026. After this operation, the foundation’s total staked funds reached $96.59 million.
Related: Ethereum Foundation Stakes 22,517 ETH Worth $46 Million
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Treasury Policy Change
The EF announced plans to transfer part of its reserves into staking on February 24, 2026. In total, the organization intends to stake up to 70,000 Ethereum (ETH). The first transaction under the new strategy occurred on the same day and amounted to 2,016 ETH▲$1,681.61.
The foundation plans to direct staking rewards toward three main areas:
- Сore protocol development
- Сommunity grant support
- Ethereum ecosystem research funding
Related: Ethereum Classic Community Splits on Fee Plan
Institutional Interest in Staking
The EF is not the only major player actively increasing staking positions. On March 25, 2026, BitMine launched its own institutional staking platform, MAVAN, for locking ether.
As of March 24, BitMine had already staked approximately 3.142 million ETH. The company plans to continue transferring its remaining assets to its platform in the near future.
What Is Happening With ETH’s Price
At the time of writing on April 3, 2026, Ethereum’s price stands at approximately $2,060. Over the past 24 hours, the token has shown virtually no price movement, gaining just 0.6%.
Over the past week, the cryptocurrency has risen 6%. Overall, ETH is holding its ground even amid a weak market.
Related: Hackers Stole $169 Million From 34 DeFi Protocols: DefiLlama Q1 Report
