Ethereum Foundation Reveals $788M Crypto Holdings And New Conflict-Of-Interest Rules
The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability.
Ethereum Foundation Holdings
As of October 31, 2024, the EF disclosed that its treasury holds approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets.
Notably, nearly 99.45% of the EF’s crypto holdings are in Ethereum (ETH), representing 0.26% of the total circulating supply of ETH.
In its report, the EF emphasized a conservative treasury management policy designed to weather market volatility and ensure the availability of resources during extended market downturns. They noted…
