Summary
- Bitwise announced a donation of $150,000 to support Bitcoin (BTC) open-source developers.
- This is part of their plan to donate 10% of profits from their Bitcoin spot ETF launch.
- The donation will be distributed to organizations including Brink, OpenSats, and the Human Rights Foundation.
Bitwise, a digital asset management company and Bitcoin (BTC) spot ETF issuer, announced on the 18th (local time) through their official X (formerly Twitter) that they will donate $150,000 to support Bitcoin (BTC) open-source developers.
Bitwise stated, "When we previously launched the Bitwise Bitcoin Spot ETF (BITB), we announced that we would donate 10% of our total annual profits," adding "This marks our first donation in accordance with that commitment."
They further added, "The donations will be made to organizations including Brink, OpenSats, and the Human Rights Foundation."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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