Ethereum Foundation’s Strategic ETH Holdings: $9.7 Billion Reserves and Future Funding Insights

On November 8th, the Ethereum Foundation released its 2024 report, revealing significant financial insights about its asset management strategy. As of October 31, 2024, the Foundation’s total reserves amount to approximately $9.702 billion, comprising $7.887 billion in crypto assets and $1.815 billion in diversified non-crypto investments. A substantial majority, accounting for 99.45% of the crypto holdings, is concentrated in ETH, which represents 0.26% of the total ETH supply at that time. This strategic allocation highlights the Foundation’s robust belief in the long-term viability of Ethereum.

Furthermore, the Ethereum Foundation is committed to utilizing its asset reserves to finance essential public goods within the Ethereum ecosystem. In pursuit of this vision, the Foundation adheres to a conservative financial management approach, ensuring that it retains adequate resources even during prolonged market downturns. This prudent strategy includes regular ETH sales to bolster fiat reserves, thus facilitating operational expenses during bearish market conditions and preparing for future growth.