Ethereum Foundation Staff Cuts 20% Amid Restructuring While ETF Inflows Top $11B
Ethereum Foundation reduces staff by 20% and departs nine senior members amid restructuring. Meanwhile, institutional adoption accelerates with over $11.23 billion in cumulative ETH ETF inflows since 2024.
Woofun AI reports that the Ethereum Foundation has executed its most significant organizational restructuring since inception, resulting in a 20% staff reduction and the departure of nine senior members, including co-executive directors Hsiao-Wei Wang and Tomasz Stańczak. In March, the foundation issued its first official charter based on "Resistance to Censorship, Open Source, Privacy, and Security" (CROPS) principles and spun off independent entities such as EthLabs, Ethereum Systems, and Ethereum Institutional to advance ecosystem decentralization.
Technological progress continues with the active Fusaka upgrade, which implements the PeerDAS solution to enhance layer-two network efficiency.
Concurrently, institutional engagement with Ethereum has intensified; BlackRock has expanded into Ethereum DeFi and launched staking-enabled ETFs, while JPMorgan has deepened blockchain settlement services. Since their 2024 launch, U.S. spot ETH ETFs have recorded cumulative net inflows exceeding $11.23 billion.
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