Founders Fund Sells Entire ETH Position: Peter Thiel's VC Exits Ethereum Investment

Founders Fund, the prominent venture capital firm co-founded by billionaire Peter Thiel, has reportedly sold its entire stake in Ethereum (ETH). The fund, known for early bets on companies like Facebook and Palantir, had invested $200 million in Ethereum during the mid-2020s bull market. According to sources, the sale was executed over the past few weeks, capitalizing on recent price surges. This major divestment by a key institutional player raises questions about strategic portfolio reallocation and sentiment among crypto-savvy investors. The move coincides with a period of high volatility and regulatory scrutiny for the broader cryptocurrency market, with Ethereum remaining a central asset in the decentralized finance (DeFi) and Web3 ecosystems.