Bitwise plans to donate 10% of its Ethereum spot ETF profits to Ethereum developers
One of the eight Ethereum ETF issuers, Bitwise, announced that it will donate 10% of its fund profits to Ethereum developers. According to a statement, these donations will be distributed to two organizations: Protocol Guild and PBS Foundation. Protocol Guild is a grassroots funding organization supporting over 170 core contributors dedicated to Ethereum research and development; PBS Foundation is a non-profit organization providing funds for open-source Ethereum block relay and related research.
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
Machi increases ETH long positions to 6,225 coins, with current unrealized profit of $1.13 million
A trader used 10x leverage to go long on ETH, earning an unrealized profit of over $578,000 in 20 minutes.
Odaily Airdrop Hunter 24-Hour Express Special Topic Event Opinion Article Hot List
Total liquidations in the crypto market reached $137 million in one hour, mainly impacting short positions.