In a move that links crypto markets with long-term ecosystem support, Bitwise donation commitments are once again turning exchange-traded fund profits into direct backing for Ethereum development. Bitwise Asset Management, a global crypto asset manager overseeing more than $15 billion in client assets, has announced its second annual contribution to Ethereum open-source developers. The firm will donate $100,000 to the volunteer programmers who secure and improve the Ethereum network on a daily basis.
Bitwise donation from ETHW profits directs $100,000 to Ethereum open-source initiatives
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Bitwise Asset Management donates $100,000 to Ethereum open-source developers; second annual contribution; funds sourced from exchange-traded fund profits; firm oversees more than $15 billion in client assets.
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