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.
SoftBank's full-year Vision Fund profit 128.18 billion yen, the market estimate 362 billion yen.