Coinspeaker
Bitwise Fulfills Commitment, Donates $250K to Bitcoin and Ethereum Developers
Bitwise Asset Management has made good on its promise to reinvest a portion of its spot Bitcoin and Ethereum ETFs’ profits back into the cryptocurrency ecosystem. The firm announced that it has donated $150,000 to non-profit organizations Brink, OpenSats, and the Human Rights Foundation (HRF) to support open-source Bitcoin developers. This is the first contribution under Bitwise’s commitment to donate 10% of gross profits from its Bitcoin ETF (BITB) annually.
Today, Bitwise is donating $150,000 to support Bitcoin open-source developers, who work tirelessly to secure and maintain the network.
When the Bitwise Bitcoin ETF ($BITB) launched, we committed to donating 10% of its gross profits each year. We’re delighted to make good on that… pic.twitter.com/I1RBvF9M9H
— Bitwise (@BitwiseInvest) February 18, 2025
Moreover, the firm has also donated $100,000 to two nonprofit initia
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