Peter thiel's founders fund liquidating all shares in ethzilla, an eth-hoarding firm, signals a notable lack of institutional confidence in single-asset crypto treasury models, especially after the firm's previous 'panic-selling' of eth.
Information is derived from sec filings, reported by coindesk, a reputable crypto news source.
A major institutional investor completely exiting an eth-focused investment vehicle implies a negative outlook on this specific investment strategy, potentially dampening broader institutional sentiment for eth.
The news of a significant institutional divestment, even if the underlying eth sales occurred in late 2025, can trigger immediate negative market sentiment upon disclosure.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Peter Thiel's Founders Fund dumps every ETHZilla share Peter Thiel's Founders Fund held zero shares in ether treasury firm ETHZillan at the end of 2025, per SEC filings. By Omkar Godbole Feb 18, 2026, 6:54 a.m. Make us preferred on Google Thiel's Founders Fund dumps stock in ether treasury firm ETHZilla. (Rachel Sun/CoinDesk) What to know : Peter Thiel's Founders Fund held zero shares in ether treasury firm ETHZillan at the end of 2025, per SEC filings. At its peak, the firm hoarded over 100,000 ether, then panic-sold after the market peaked in October. Digital asset treasury firms with a sole business of investing in tokens have fallen out of investor favor and how. Billionaire entrepreneur and co-founder of PayPal and Palantir Technologies Peter Thiel's venture arm has wiped its slate clean of ETHZilla, selling every last share of the ether-hoarding digital asset treasury firm by the end of the last year, fresh paperwork filed with the Securities and Exchange Commission shows. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Thiel's Founders Fund now shows a big fat zero in ownership, down from a 7.5% stake in August last year. ETHZilla, a crypto investment firm based in Palm Beach, mimics Michael Saylor's bitcoin hoarding firm Strategy (MSTR). ETHZilla started as a failed biotech stock called 180 Life Sciences, before pivoting hard to Ethereum (ETH) treasury, amassing over 100,000 ETH tokens at its peak. The fund, however, panicked as markets peaked in early October and $40 million in ether for buybacks, then $74.5 million more in December to reduce debt from convertible notes. According to Bloomberg , the firm is pivoting hard again, spinning out ETHZilla Aerospace to offer investors tokenized slices of leased jet engines. Peter Thiel Ether More For You Zoomex: Precise Systems of Fairness and Transparency by Design By CoinDesk Jan 31, 2026 Commissioned by Zoomex Read full story More For You Bitcoin ETFs hold billions despite price crash, but resilience masks harsh reality By Omkar Godbole 46 minutes ago Bitcoin spot ETFs in the United States still hold about $85 billion in assets, despite the BTC price crash. What to know : Bitcoin spot ETFs in the United States still hold about $85 billion in assets, despite the BTC price crash. Analyst Markus Thielen argues that this resilience reflects structural ETF ownership dominated by market makers, arbitrage-focused hedge funds and not just long-term holders. Read full story Latest Crypto News Bitcoin ETFs hold billions despite price crash, but resilience masks harsh reality 46 minutes ago Abu Dhabi wealth funds bitcoin ETF holdings topped $1 billion at end of 2025 8 hours ago Gold firm Elemental Royalty to pay out dividends in Tether's tokenized gold 9 hours ago Stripe's stablecoin firm Bridge wins initial approval of national bank trust charter 10 hours ago Crypto venture capital firm Dragonfly raises $650 million despite 'gloom of a bear market' 11 hours ago Crypto infrastructure firm BitGo a potential acquisition target for Wall Street firms, analysts say 14 hours ago Top Stories CFTC's Selig opens legal dispute against states getting in way of prediction markets 14 hours ago Bitcoin slips below $67,000 as software stocks continue to plunge 15 hours ago Michael Saylor's Strategy purchased $168 million in bitcoin last week 17 hours ago BitMine adds $90 million in ETH — Tom Lee says crypto sentiment reminiscent of 2018 and 2022 bottoms 16 hours ago Gemini stock falls 10% after it parts ways with COO, CFO and Chief Legal Officer months after IPO 15 hours ago BofA survey flags dollar bearish bets at over a decade high. Here's what it means for bitcoin Feb 17, 2026