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Bankless Founder David Hoffman Liquidates Entire ETH Position as Co-Founder Remains Bullish

GateNews

2026-05-21 02:15:45

ETH0.92%

According to ChainCatcher, Bankless founder David Hoffman has liquidated his entire ETH position, as announced on X. The move contrasts with co-founder Ryan Sean Adams's continued bullish stance on Ethereum. Adams also disclosed that Bankless's first phase—a six-year partnership with Hoffman—has officially concluded. Moving forward, Adams said he will reduce involvement in content direction and guest interviews, with Hoffman leading new exploration across crypto and other domains. Adams will continue his weekly Rollup podcast participation but will cede editorial control to Hoffman.

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