Markets Outlook

Ethereum is facing a critical funding gap, says ex-EF member

Does Ethereum have a funding crisis?

Jun 25, 2026
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On today's Markets Outlook, Protocol Guild Organizer Trent Van Epps Trent Van Epps tells CoinDesk's Jennifer Sanasie why the Ethereum Foundation's subtraction philosophy is creating a critical funding gap for core developers, what it will take to fill it, and why he's still optimistic about ETH's future.

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Timecodes:

00:00 - Trent Van Epps Joins Markets Outlook

00:57 - Why Trent Left the Ethereum Foundation

01:55 - What Is Subtraction and Why It Matters

02:31 - 20% Workforce Cuts and the Funding Gap Explained

05:09 - Options for Solving the Funding Crisis

07:06 - Will Ethereum Lose Its First Mover Advantage?

08:40 - What Happens If the Funding Doesn't Come?

10:47 - What Institutions Should Replace the EF?

12:24 - Ethereum’s Future

14:37 - ETH the Asset: The Misconceptions and the Opportunity

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Check out CoinDesk's latest episode of Public Keys from the NYSE: https://youtu.be/mePmjknvBVc

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This episode was hosted by Jennifer Sanasie.