Bitwise donates $233,000 from BITB profits to Bitcoin open‑source developers

Bitwise executive hands donation check to Bitcoin open-source nonprofits in a newsroom setting.

Bitwise Asset Management said that it sent $233,000 from its Bitwise Bitcoin ETF (BITB) profits to fund Bitcoin open-source development, describing the payment as 10% of the ETF’s gross profits and its second annual contribution under the same structure. The message is simple: if you’re monetizing exposure to a protocol, you can also institutionalize a way […]