Bitwise donates $100,000 to Ethereum open-source developers

According to a report by PR Newswire, cryptocurrency asset management company Bitwise Asset Management announced its second donation to Ethereum open-source developers, with this donation amounting to $100,000, awarded to two Ethereum open-source developer organizations, Protocol Guild and PBS Foundation.

Bitwise stated yesterday that, as part of its annual commitment to support Bitcoin open-source developers, it donated $233,000 to Bitcoin open-source developers. This year, Bitwise's Bitcoin spot ETF (BITB) has seen significant growth, and this donation marks the second annual contribution of the 10% gross profit plan promised at the launch of BITB.