Margaux Nijkerk / CoinDesk:
Ethereum Foundation financial report: $970.2M in treasury as of Oct. 31, down from $1.6B in March 2022; ~80% of holdings in ETH, which declined 20%+ since 2022 — The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.
