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Bitwise plans to donate 10% of its Ethereum spot ETF profits to Ethereum developers

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2024-07-23 10:35:09
Bitwise, one of the eight spot Ethereum ETF issuers, has announced that it will donate 10% of its fund profits to Ethereum developers.
According to a statement, the donations will be distributed between two organizations: Protocol Guild, a grassroots funding organization that supports more than 170 core contributors dedicated to Ethereum research and development, and the PBS Foundation, a nonprofit organization that provides funding for open-source Ethereum block relay and related research.
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