# Ethereum Is Facing A Critical Funding Gap, Says Ex-EF Member | Markets Outlook Page: https://stenobird.com/podcast/coindesk-podcast-network-334494/ethereum-is-facing-a-critical-funding-gap-says-ex-ef-member-markets-outlook Text version: https://stenobird.com/podcast/coindesk-podcast-network-334494/ethereum-is-facing-a-critical-funding-gap-says-ex-ef-member-markets-outlook.md Podcast: [CoinDesk Podcast Network](https://stenobird.com/podcast/coindesk-podcast-network-334494) Published: 2026-06-25T17:46:00+00:00 Episode link: https://traffic.megaphone.fm/CDI6035590763.mp3 Audio file: https://traffic.megaphone.fm/CDI6035590763.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/coindesk-podcast-network-334494/episodes/ethereum-is-facing-a-critical-funding-gap-says-ex-ef-member-markets-outlook Duration seconds: 1100 ## Resource Does Ethereum have a funding crisis? On today's Markets Outlook, Protocol Guild Organizer 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. - 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 - Check out CoinDesk's latest episode of Public Keys from the NYSE: https://youtu.be/mePmjknvBVc - To get market moving news delivered daily, download CoinDesk’s mobile app: https://linktr.ee/coindeskapp. - This episode was hosted by Jennifer Sanasie. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/coindesk-podcast-network-334494/episodes/ethereum-is-facing-a-critical-funding-gap-says-ex-ef-member-markets-outlook/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/coindesk-podcast-network-334494/ethereum-is-facing-a-critical-funding-gap-says-ex-ef-member-markets-outlook.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.