Bitwise’s Generous Gesture: A Fortune for Crypto Devs!

Ah, the joys of corporate philanthropy! Bitwise Asset Management, the dapper chaps who’ve been making waves in the crypto world, have just announced a donation of $250,000 to developers of Bitcoin and Ethereum. What a delightful gesture, what?

“Today, Bitwise is donating $150,000 to support Bitcoin open-source developers, who work tirelessly to secure and maintain the network.”

“We’re delighted to make good on that commitment…”

“— Bitwise (@BitwiseInvest) February 18, 2025

And if that wasn’t enough, they’ve also thrown in a cool $100,000 towards Ethereum protocol research and development. Really, these Bitwise chaps are the cat’s pajamas!

The crypto community is purring with pleasure at this news, with popular hedge fund manager Thomas Kralow commending Bitwise for “doing the right thing” and showing appreciation for the hard work of developers who sustain these networks. Well, bully for them!

But wait, there’s more! Bitwise has also been busy expanding its crypto ETFs, filing for multiple new funds and becoming the first US Bitcoin ETF provider to disclose the on-chain address of its BITB holdings. These chaps are certainly keeping themselves busy, aren’t they?

So, here’s to Bitwise and their generous donations! May their crypto ETFs continue to soar, and their generosity be rewarded with prosperity and goodwill. Cheers to that!

Read More

2025-02-19 21:46