A new SEC filing shows that billionaire investor Peter Thiel and his Founders Fund have completely sold their combined 7.5% position, fully exiting his stake in Ethereum treasury firm ETHZilla.
The news comes just a few months after the initial investment, proving that high-profile investors are also cautious of Ethereum-centric strategies in the current environment.
Thiel’s role in ETHZilla, an overview
In August 2025, Peter Thiel first acquired his stake in ETHZilla, a corporation operating a tech company that is Ethereum-based infrastructure for the tokenization of real-world assets. The company was established as a community-driven initiative for research, ecosystem support, and funding for Ethereum-related public goods, according to reports.
By November 2025, Thiel’s personal holdings had fallen to 5.6% – followed by the sale of $74.5 million in ETH in December 2025 by EthZilla for debt closures. With SEC filing reports of Thiel’s withdrawal, it proves that treasury management and volatility can influence decisions, despite how the market did in the early phase.
Investor sentiments following Thiel’s exit
Thiel’s exit may cause short-term anxiety in the market, as the withdrawal of the high-profile investors could lead to insecurities among investors. However, the move appears to be a strategic decision, rather than a complete exit for his digital asset.
Investors tend to predict the market based on these movements. However, many institutions continue to make investments in Ethereum’s scalable blockchain, while DeFi applications remain strong. Many other institutions continue to invest in ETH, indicating that the exit of one, does not define market sentiment.
Despite the divestments, some reports speculated his next move to be leaning towards a broader technology strategy rather than a ‘categorical shift’ from Ethereum or Web3. While high-profile divestments grab attention, they are often seen as routine portfolio adjustments rather than a defeated confidence in the underlying asset.
