The Ethereum Foundation — a non-profit organization supporting the development of the Ethereum network — has begun staking a portion of its treasury to earn network rewards. It uses open-source infrastructure developed and maintained by Bitwise Onchain Solutions — an provider of institutional staking infrastructure. Bitwise Asset Management, which manages a cryptocurrency portfolio worth $15 billion, announced that its on-chain division is responsible for supporting the tools used in the staking program. The first transaction involved a deposit of 2016 $ETH. Over time, the fund plans to increase this amount to approximately 70,000 $ETH, which at current market prices amounts to more than $140 million. The staking infrastructure is based on two open-source tools — Dirk and Vouch. Both were originally developed by Attestant, a provider of Ethereum staking infrastructure that Bitwise acquired in 2024. The software was built with institutional security and reliability requirements in mind. Dirk functions as a distributed signing service, enabling validator operations across multiple jurisdictions. This architecture reduces the risk that a single operational failure will halt the validation process. Vouch focuses on client diversity, supporting various combinations of validator clients and strategies aimed at reducing systemic risks for the entire network.