On January 20, 2025 responding to criticism of selling ETH over staking to cover Ethereum Foundation’s costs, Vitalik Buterin said the foundation is looking into staking $1 billion in ETH

Event date

Jan 20, 2025 - 12:00am

Quotes that support claims

Buterin, responding to Conner, explained that staking historically faced intense regulatory challenges. However, he noted that these worries had diminished

The Ethereum Foundation has been catching flak for just selling ETH to pay the bills instead of exploring staking or DeFi. Now, according to Vitalik Buterin, the foundation is looking into these options, including the possibility of staking approximately $1 billion in ETH holdings