Wu reported that the Ethereum Foundation released the 2024 report. The report shows that as of October 31, 2024, the assets reserves of EF (Ethereum Foundation) amount to approximately $970.2 million, of which $788.7 million is in crypto assets and $181.5 million is in non-crypto investments and assets. The majority of the crypto holdings (99.45%) are held in the form of ETH. These ETH account for 0.26% of the total ETH supply as of October 31, 2024. The goal of EF's asset reserves is to provide funding support for important public goods in the Ethereum ecosystem for the coming years. To achieve this goal, it is essential to follow a conservative fiscal management policy to ensure that there are sufficient resources even during years of market downturns. This requires regular sales of ETH to ensure adequate reserves for the coming years and to increase fiat reserves as planned during bull markets to fund expenditures during bear markets.

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