The gift is part of Bitwise’s commitment to donate 10% of gross profits from the Bitwise Ethereum ETF (ETHW) each year.
SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the $12 billion crypto asset manager, announced today the company’s first annual donation to Ethereum open-source developers, the dedicated group of volunteer programmers who secure and improve the Ethereum network every day. The $100,000 gift is part of Bitwise’s pledge to donate 10% of gross profits from the Bitwise Ethereum ETF (ETHW) each year to support this important work. The annual donation amount can grow as the ETP does and is made possible by investors who choose ETHW.
The funds will go to two exceptional non-profit initiatives—Protocol Guild and PBS Foundation—with critical missions: supporting Ethereum protocol research and development, and helping develop and maintain open-source Ethereum infrastructure.
“Open-source developers and researchers are the backbone of the
We współpracy z: https://www.crypto-reporter.com/newsfeed/bitwise-donating-100000-from-ethw-profits-to-ethereum-open-source-developers-90412/
