Non-profit organization Ethereum Foundation (EF), supporting the blockchain ecosystem Ethereum , published its annual report for 2024.
As of October 31, 2024, EF had total assets of approximately $970,2 million, of which $788,7 million was kriptovalyuta , basically Ethereum (ETH). The remaining $181,5 million comes from investments in non-cryptocurrency assets.
Portfolio Ethereum Foundation
We have decided to keep the majority of our funds in ETH. EF believes in the potential Ethereum , and our altcoin holdings reflect this long-term perspective,” the fund said.
In the report Ethereum Foundation says the organization's treasury is intended to "fund important public goods for the ecosystem Ethereum " At the same time, the fund plans to adhere to a conservative treasury management policy so that it has "sufficient resources even in the event of a multi-year market downturn."
This requires periodic sales of ETH to ensure sufficient savings for future years and programmatically increasing our fiat holdings during bull markets to fund spending during downturns, the fund said.
The comment came in response to backlash from the crypto community, which called for more transparency from the fund amid unexpected large ETH sales.
To comply with the principles of greater transparency and “strengthening integrity” Ethereum Foundation introduces a conflict of interest policy that now requires foundation members to disclose investments greater than $500 that are not related to Ethereum.
