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Ethereum Institutional launches to boost business ties amid Ethereum Foundation budget cuts

Protocol Fundamentals
01 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Ethereum Institutional, a new non-profit funded by Ethlabs backers including Ethereum co-founder Joe Lubin, has been launched to enhance business development and banking relationships within the Ethereum ecosystem. This move follows a 40% budget cut at the Ethereum Foundation, signaling a shift where corporate treasuries aligned with Ethereum are taking a more active role in governance and market adoption. Market watchers see this as a potential catalyst for increased institutional interest, possibly helping Ethereum reach new all-time highs by the end of 2026. Investors will be watching for updates from key Ethereum figures and network upgrades that could impact market confidence and pricing.

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