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TechFlow reported that Bitwise announced on X that it will donate 10% of the profits from its Bitcoin spot ETF (BITB) to support Bitcoin open-source development, with donations going to Brink, OpenSats, and Human Rights Foundation.
Bitwise stated that the donations come with no strings attached and will be made annually for at least the next ten years.
Earlier report, VanEck will donate 5% of its Bitcoin spot ETF profits to Bitcoin developers.
Bitwise announced on X that it will donate 10% of the profits from its Bitcoin spot ETF (BITB) to support Bitcoin open-source development, with grants going to Brink, OpenSats, and the Human Rights Foundation. Bitwise stated the donations come with no strings attached and will be made annually for at least the next ten years. Earlier news reported that VanEck will donate 5% of its Bitcoin spot ETF profits to Bitcoin developers.
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