Bitwise will donate 10% of spot Bitcoin ETF profits to Bitcoin open source development
Bitwise announced that it will donate 10% of the profits from its spot Bitcoin ETF (stock code: BITB) to Bitcoin open source development. The donated organizations include Brink, OpenSats, and Human Rights Foundation. Bitwise stated that these donations have no additional conditions and will be made at least once a year for the next decade.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Leading candidate for US SEC chief announced
Vancouver Mayor Proposes Adding Bitcoin to Municipal Balance Sheet
Trump Explores CFTC Control Over Crypto Regulation
The agency currently operates with fewer resources than the SEC, which could be challenging should it regulate crypto.
Former UK Minister Joins Bitcoin VC Firm Axiom as Advisor
Former UK minister John Baker joins Axiom as a paid advisor, focusing on Bitcoin.