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ETH nears $3k as Ethereum Foundation bets on its ‘long term perspective’

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The Ethereum Foundation has revealed its financial 2024 report, outlining its dedication to holding the “vast majority” of the treasury in ETH.

Ethereum Ethereum Ethereum makes up nearly all of the Ethereum Foundation’s treasury, with the non-profit revealing in its latest financial report that 99% of its $788.7 million crypto holdings are held exclusively in ETH.

In its 27-page report, the foundation disclosed that as of Oct. 31, it held approximately $970.2 million in assets, with $788.7 million in crypto and $181.5 million in “non-crypto investments and assets.”