Bitwise pledges 10% of BITB ETF gross profits to Bitcoin developers

Bitwise donated $150,000 to support Bitcoin (BTC) open-source developers, according to a Feb. 18 announcement. The funds are equivalent to 10% of the gross profits from its spot Bitcoin exchange-tr...

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Bitwise pledges 10% of BITB ETF gross profits to Bitcoin developers

Source: CryptoSlate

Bitwise donated $150,000 to support Bitcoin (BTC) open-source developers, according to a Feb. 18 announcement. The funds are equivalent to 10% of the gross profits from its spot Bitcoin exchange-traded fund (ETF), BITB, an amount pledged since the product’s inception. The first contribution will be distributed among three nonprofit organizations: Brink, OpenSats, and the Human […]

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