Bitwise Ethereum ETF (ETHW) to Donate 10% of Profits to Ethereum Developers

Exciting news for the Ethereum community! As the spot Ether exchange-traded funds (ETFs) are about to see their first day of trading, asset manager Bitwise has pledged to donate 10% of its profits to Ethereum open-source protocol development. This significant commitment showcases Bitwise's belief in the future and sustainability of the Ethereum ecosystem.

Bitwise will donate 10% of the profits of the Bitwise Ethereum ETF (ETHW) to Ethereum open-source protocol development. This generous contribution will directly support the developers who are building and maintaining the core infrastructure of Ethereum.

Bitwise Asset Management has undertaken a key initiative of donating 10% of ETHW's profits to the Ethereum open-source development protocol. The move follows a clear understanding: We cannot take Ethereum and its core protocol for granted. Supporting its development is crucial for its long-term success.

Bitwise, one of eight fund managers set to launch a spot Ethereum ETF on Tuesday, is donating 10% of its fund profits to Ethereum developers. This sets a positive precedent and demonstrates the potential for ETFs to contribute to the underlying blockchain technology.

With the Bitwise Ethereum ETF (ETHW) trading on the New York Stock Exchange starting Tuesday, the company is committing to donate 10% of profits earned to support Ethereum. Crypto fund manager Bitwise Asset Management on Tuesday announced that it will donate 10% of all profits from Bitwise Ethereum ETF (NYSE:ETHW) to support Ethereum development.

This is a game-changing moment for Ethereum. By investing in ETHW, you're not only potentially benefiting from the growth of Ethereum but also contributing to its future by directly funding its developers. Learn more about the Bitwise Ethereum ETF (ETHW) and its commitment to the Ethereum community today!