Bitwise: 10% of Bitcoin ETF Profits Aid Bitcoin's Development

This effort aims to support important projects and organizations that help Bitcoin grow and thrive.

Bitwise’s decision to allocate a significant portion of its profits to Bitcoin development underscores the company’s commitment to fostering innovation and sustainability. Let’s discover more about this important decision after its Bitcoin ETF approval.

Boosting Bitcoin’s Growth: Bitwise’s Initiative

The beneficiaries of this generous pledge include BitcoinBrink, OpenSats, and the Human Rights Foundation (HRF). So, organizations that play pivotal roles in advancing Bitcoin technology, promoting financial inclusivity, and advocating for privacy rights.

The funds will likely contribute to the development of educational programs, workshops, and resources. This will empower individuals to understand and engage with the Bitcoin ecosystem more effectively.

In a world where financial freedom is intertwined with individual liberties, this collaboration between Bitwise and the HRF aligns with the ethos of Bitcoin, emphasizing the importance of financial sovereignty.

More About Bitwise’s Initiative

Bitwise’s decision to share a portion of its profits with these organizations not only highlights the company’s corporate responsibility but also underscores the broader significance of collaboration within the cryptocurrency space. By supporting crucial projects and initiatives, Bitwise aims to contribute to the long-term success and resilience of the Bitcoin network.

As the cryptocurrency industry continues to evolve, corporate commitments to supporting development and advocacy organizations become increasingly vital.


The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.


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