Vitalik Buterin: Ethereum Foundation's Influence Set to Keep Shrinking

CoinDesk update (May 25): 1) Vitalik Buterin said the Ethereum Foundation's influence is expected to continue declining. 2) Bitcoin ETFs saw $1.2 billion in net outflows over the week, the third-largest weekly outflow of 2026. 3) The U.S. Congress is investigating Polymarket and Kalshi over alleged insider trading. 4) Charles Hoskinson has launched a governance review covering 11,000 DAOs. 5) A Coinbase executive said the firm is not concerned about competition from Wall Street. 6) Suspected HYPE listing-related insider activity: HYPE long position #1 — unrealized profit narrowed to $34.2174 million. 7) A Matrixport-related address (sub-address 1) — losses on an ETH long position widened. 8) Suspected HYPE listing-related insider activity: HYPE long position #1 — unrealized profit increased to $34.09 million. 9) Loracle increased its HYPE short position by 4,628.64 tokens; current P&L stands at $33.6663 million. 10) "Crypto bear leader" — top multi-asset short: opened a new ZEC short position of 1,487.66 tokens.