TechFlow reported on February 18 that cryptocurrency asset management firm Bitwise announced on X its donation of $150,000 to Bitcoin open-source developers. This marks the company's first annual contribution fulfilling its commitment made during the launch of its Bitcoin ETF ($BITB), allocating 10% of the ETF’s total profits.
The funds will be distributed by three nonprofit organizations: Bitcoin Brink, OpenSats, and the Human Rights Foundation (HRF). Bitwise stated that as BITB continues to grow in scale, future donation amounts will increase accordingly.




