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Bitwise donates $233,000 to three Bitcoin development organizations including Brink, OpenSats, and others.
Deep Tide TechFlow News, March 5th, reports that according to PRNewswire, cryptocurrency asset management firm Bitwise Asset Management announced its second donation to Bitcoin open-source developers, amounting to $233,000. The donation was granted to three Bitcoin open-source developer organizations: Brink, OpenSats, and the Bitcoin Development Fund. Previously, Bitwise pledged to donate 10% of the annual earnings from its Bitwise Bitcoin ETF (BITB) to support the development of the Bitcoin network. To date, this ETF has accumulated over $2.5 billion in inflows.