TechFlow News, March 5: According to a PRNewswire report, cryptocurrency asset management firm Bitwise Asset Management announced its second donation to open-source Bitcoin developers, amounting to $233,000. The funds were granted to three open-source Bitcoin developer organizations—Brink, OpenSats, and the Bitcoin Development Fund. Bitwise previously pledged to donate 10% of the annual revenue generated by its Bitcoin exchange-traded fund (ETF), BITB, to support the development of the Bitcoin network. To date, this ETF has attracted over $2.5 billion in cumulative inflows.
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