Founders Fund Reduces ETHZilla Stake to 5.6%, Signals Cautious Optimism for Ethereum

Peter Thiel’s Founders Fund has significantly trimmed its stake in ETHZilla, the Ethereum-focused investment firm. The latest SEC filing reveals that the venture capital giant now holds just 5.6% of the company, a notable shift from their previous bullish stance on Ethereum investments. This move raises questions about the current direction of Thiel’s investment strategy and offers valuable insights for both institutional and individual investors alike.