ETF turns to net inflow: On July 1, nine Ethereum ETFs reversed their recent downtrend, recording a net inflow of 12,455 ETH (about $30.13 million). However, the previous two days of June still saw outflows of about $30 million.


· Contrarian increase by listed company: Ethereum treasury company Sharplink increased its holdings by 10,000 ETH (worth about $16 million) last week, the first time since October last year.
· Big whale builds a short position: On-chain data shows that a large investor opened a new 25x leveraged short position of 22,000 ETH, worth about $35 million.

🏛️ Ethereum Foundation: Restructuring and Funding Challenges

· Budget cuts and layoffs: The Foundation announced an annual budget cut of approximately 40% and laid off 54 employees (20%). The goal is to reduce the annual expenditure ratio from 15% to about 5% by 2030.
· Structural reorganization: The Foundation is reorganizing into five new clusters, such as the protocol layer and the access layer.
· Completion of funding commitments: The Foundation has completed its five-year funding commitment to Argot Collective. 4,938 stETH will be unlocked in two batches on July 1 and July 1, 2027. $ETH
ETH2.59%
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Daimao
· 6h ago
Long-term holding!!!!!!!!!!!!!!!!!!!
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