Ethereum Foundation Grants $5.5M in Q2 2026

Grant funding at this scale signals the Foundation is still willing to deploy treasury capital into ecosystem development even as the network's priorities shift. The notable detail is the timing: a Q2 allocation disclosed with no breakdown of recipients or categories, which leaves the strategic direction unclear. Whether the Foundation publishes a fuller accounting of where the money goes — and whether grantmaking remains a core lever versus a legacy function — is the open question worth tracking.