Bitwise Donates $100,000 to Support Ethereum Open Source Developers

Bitwise donated $100,000 to support Ethereum open-source developers. When Bitwise Ethereum ETF ($ETHW) launches in July 2024, Bitwise promises to give back 10% of ETHW's gross profits to the Ethereum ecosystem annually. This is reported to be Bitwise's first annual donation for 2024, and the funds will be used for two non-profit projects, Protocol Guild and PBS Foundation. Previously, Bitwise also announced a $150,000 donation to support Bitcoin open-source developers.