Vitalik Buterin Says Ethereum Foundation Will Be a "Smaller Ship" That Sells Less ETH
Buterin said the foundation holds 0.16% of all ETH and will direct remaining funds to open-source work after years of restructuring.
- On Sunday, Ethereum co-founder Vitalik Buterin published a lengthy post defending the Ethereum Foundation's ongoing restructuring and outlining its long-term direction amid months of internal turbulence.
- Tensions crystallized Thursday when former EF researcher Dankrad Feist proposed a new $1 billion organization to "save Ethereum" with a mandate tied to ETH's price, amid the foundation's deepest talent drain in its history.
- Buterin noted the foundation holds roughly 0.16% of all ETH, far below the 10% to 50% common at other blockchain foundations, and will focus solely on activities supporting Ethereum's censorship resistance, openness, privacy, and security via the CROPS framework.
- In an unusual personal disclosure, Buterin revealed nearly 90% of his net worth sits in ETH, while his influence within the organization will continue to shrink, "which is honestly what I want."
- Interim co-executive director Bastian Aue, who took over in February, is executing the transition focused on three technical priorities: provably bug-free Ethereum via AI-assisted formal verification, available chain consensus, and intermediary minimization, with stabilization expected over coming months.
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40 Articles
The New York Ledger
Blockchain Researcher Defends Ethereum Foundation, Says It’s ‘Exactly’ Doing Its Job
A blockchain researcher has pushed back against growing criticism of the Ethereum Foundation, arguing that the organization is doing “exactly” what it was designed to do, which the critics keep getting wrong. In a post on X titled “Leave the Foundation Alone,” William Mougayar, a Toronto-based blockchain investor, researcher and best-selling author, argued that the EF is a protocol steward, not a marketing engine. Mougayar said that ETH, Ethereu…
Ethereum's ETH Gains in Line with Market Following Vitalik Buterin's EF Vision Post
While most of Crypto Twitter reacted enthusiastically to Ethereum co-founder Vitalik Buterin outlining a leaner, more focused future for the Ethereum Foundation (EF), the market reaction was more muted. Ether rose about 1.4% in the 24 hours after Buterin’s post, trading near $2,132 as of Monday.... Read the full story at The Defiant
The Smaller Ship: Vitalik, the Ethereum Foundation's Restructuring, and What It Leaves for Investors
The Foundation is shrinking to survive. But what signal does selling into a downturn send — and can the organization that gave us the EVM still make its next leap? Date: May 25, 2026 | Reference point: 2026-05-20 ⚠️ This column is for informational and research purposes only and is not investment advice or a solicitation to buy or sell any asset. All price and return figures are estimates based on publicly available data as of the writing date …
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