The Ethereum Foundation (EF) shared in a post on X on Tuesday that it plans to sell 10,000 ETH via centralized exchanges over the next several weeks to support work towards research & developments, ecosystem grants, and related donations.

According to CoinMarketCap, the ETH will amount to roughly $43 million at Tuesday’s prices.

“Conversions will take place over multiple smaller orders, rather than as a single large transaction,” the EF wrote in the post on X.

The news follows the EF’s rollout of a new treasury policy, shared earlier in June, that caps annual operational spending (opex) at 15%, establishes a multi-year reserve buffer and sets a gradual pace toward even leaner spending long-term.

The Foundation sold an additional 10,000 ETH to SharpLink Gaming in July, making it the fir

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