According to Deep Tide TechFlow news, on November 8, the Ethereum Foundation released its 2024 report.
The report shows that as of October 31, 2024, the assets reserve of EF (Ethereum Foundation) is 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 crypto holdings (99.45%) are held in the form of ETH. These ETH represent 0.26% of the total supply of ETH as of October 31, 2024. The goal of EF's asset reserve is to provide funding support for important public goods in the Ethereum ecosystem over the next few years. To achieve this goal, a conservative financial management policy must be followed to ensure there are sufficient resources even during prolonged market downturns. This requires regularly selling ETH to ensure adequate reserves for the coming years and increasing fiat reserves as planned during bull markets to fund expenditures during bear markets.
