Ethereum Foundation taps Bitwise tech for $140M, 70K ETH

Ethereum Foundation uses Bitwise technology to fund a big treasury staking initiative of approximately $140 million

ContentsEthereum Foundation begins treasury staking planTreasury policy encourages active asset deploymentBitwise infrastructure and Attestant technologyThe project will introduce approximately 70,000 ETH by means of open-source infrastructure

The rewards obtained through staking will be used to fund research, ecosystem grants, and the core operations of Ethereum.

The move is one of the biggest treasury wagering endeavors in the decentralized finance market. It has already started the process with an initial deposit of 2,016 ETH.

The token of Ethereum was around $2,000 when it was announced, which is approximately $140 million of the planned staking set.

Ethereum Foundation begins treasury staking plan

Ethereum Foundation announced that it began staking on February 24. The first step into the program was to deposit 2,016 ETH in the organization.

The long-term plan entails staking approximately 70000 ETH of the treasury of the foundation. The products of this industry will give back to the treasury in the form of rewards.

The protocol research and development will be supported by those rewards. They will also invest in ecosystem grants and other operational activities on the Ethereum network.

Bitwise Asset Management takes care of the infrastructure that underlies the staking endeavor. The software is run by the on-chain solutions department of the company.

Bitwise has over $15 billion of client assets. It will have an infrastructure that serves as validators in the staking program of the foundation.

Ethereum Foundation will run the validators by itself. This will aid the organization to keep a rein on top of things as well as contribute to network decentralization.

Treasury policy encourages active asset deployment

The staking program is based on a treasury policy that was launched in June 2025. It was the initial official structure of the foundation on how to manage and deploy treasury assets.

The policy provides an annual expenditure of approximately 15% of the total treasury value. It also means that the foundation must have a financial runway of close to two and a half years.

The first significant initiative under the new strategy was ETH staking. The strategy enables the foundation to accrue revenue and retain its main holdings.

The policy itself is internalized to principles that are called Defipunk values. These are the tenets of open-source and permissionless infrastructure.

The mission of the foundation is to prevent centralized staking providers. Rather, it is directly involved in network consensus by using validator nodes.

This approach minimises the use of third-party services. It enhances decentralization within the Ethereum ecosystem as well.

Bitwise infrastructure and Attestant technology

Dirk and Vouch are the staking tools applied in the initiative. The technologies were initially created by the staking infrastructure company Attestant.

Bitwise purchased Attestant at the end of 2024. The acquisition introduced staked assets in management of $3.7 billion to the firm.

Dirk is a distributed key signature. The distribution of cryptographic loads to various machines and locations.

This design minimizes the chances of one system failure that would impact the work of the validators. It enhances the security of staking infrastructure as well.

Vouch coordinates authenticator operation, verifies vouch. The software is able to coordinate various executions and beacon clients.

The strategy assists in averting risks associated with client diversity. These risks are manifested when the majority of the validators are relying on the same client software.

The two tools continue to exist as open-source infrastructure at Bitwise. The software is not confined to the wider Ethereum ecosystem.

Sreejith Das is the manager of on-chain solutions at Bitwise. He assisted in the establishment of infrastructure when he worked at Attestant.

The presence of Dirk and Vouch at the Ethereum Foundation underlines the increased importance of resilient staking technology in large crypto treasuries.