Ethereum Foundation eyes up to $5.4M annual revenue as 70K ETH staking goal nears

On Friday, the Ethereum Foundation staked 45,034 ETH, worth about $93 million, by depositing 2,047 ETH into the Eth2 Beacon Chain for each transaction. With those transactions, the foundation is much closer to its 70,000 goal; overall, it has now staked about 69,500 ETH, just under 500 ETH short of the goal. Meanwhile, the price of Ethereum has remained relatively stable during the transition, trading around $2,050 to $2,060 in recent sessions. Since June last year, the EF has shifted its attention to staking to ensure it has a steady stream of cash for long-term protocol upgrades. Last year’s policy update confirmed that the Foundation will be leaning more into staking and DeFi to support blockchain infrastructure. The EF could earn up to $5.4 million a year in staking yields The Ethereum Foundation started the year by staking 2,016 ETH, worth roughly $4.1 million, in February, followed up with 22,517 ETH, worth $46.1 million, in March. Its latest deposits, of more than 45,000 ETH, are the largest so far in 2026. The EF’s staked holdings are now worth approximately $143 million, and at current APYs of 2.7%–3.8%, they could yield $3.9-$5.4 million a year. Dr. Lena Schmidt, a blockchain economist at the Digital Asset Research Institute, believes the increased staking is indicative of the foundation’s trust in the network’s sustainability. She commented, “It communicates a belief that the network’s staking yield and long-term appreciation outweigh other uses of capital, like funding grants or covering operational expenses.” In the past, the Daily Gwei host, Anthony Sassano, had even encouraged the EF to stake its ETH and sell the staking rewards rather than exchanging ETH for stablecoins to better fund development. However, earlier this year, Ethereum co-founder Vitalik Buterin warned that increased EF staking could give them an outsized, potentially problematic vote in a hard fork. He stated, “If EF stakes, ourselves, this de facto forces us to take a position on any future contentious hard fork.” Nonetheless, he insisted that the foundation is looking for ways to offset any centralization in the event of a hard fork. BlackRock launched ETHB, its staked Ethereum trust Meanwhile, in March, BlackRock launched its iShares Staked Ethereum Trust, ETHB, a structure that passes nearly all staking profits back to the people buying the fund. Investors now receive 82% of the staking rewards through monthly payments, comparable to dividends, and the remaining 18% goes to the trust, custodians, and staking providers. The firm detailed that at least 70% of the trust’s ETH will be staked to ensure investors get a steady return. BlackRock’s U.S. equity chief Jay Jacobs said he sees some investors reallocating from ETHA to ETHB. He said, “The majority of Ethereum investors are interested in staking, so we believe that there will be some shift to ETHB.” He further noted that ETHB could appeal to Ethereum investors who were not previously interested in ETH-based products. According to CoinMarketCap, Ethereum is currently trading at $2,053. However, Ethereum is hitting a wall at $2,163, struggling to break past a double-top resistance that has already pushed prices back twice. Traders are watching the MACD for a breakout signal, but if Ethereum can’t clear $2,163 soon, the current pattern suggests a potential slide back to the $1,980 range. The smartest crypto minds already read our newsletter. Want in? Join them .