ETHEREUM FOUNDATION SPEND DEEP DIVE

Summary from the TLDR Crypto newsletter

The Ethereum Foundation (EF) is preparing to release a new report detailing its spending for 2022 and 2023 to be published before Devcon SEA. Preliminary data shows that about 62% of spending went to external grants and 38% to internal teams, with significant investments in building new institutions to support the Ethereum ecosystem long-term.