The Ethereum Foundation plans to sell 10,000 ETH over the coming weeks through centralized exchanges to fund research, development, and ecosystem grants, amounting to approximately $43 million. This decision follows a recent treasury policy update and comes after the foundation previously sold 10,000 ETH to SharpLink Gaming. The ETH price has recently surged, reaching an all-time high in late August.

The Ethereum Foundation has announced its new treasury policy aimed at enhancing the management of its financial resources. This policy is designed to support the foundation's long-term sustainability and funding strategies, ensuring efficient allocation of funds to various projects within the Ethereum ecosystem.