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Bitwise donates $230K from BITB ETF profits to Bitcoin open source developers

Crypto Briefing|Estefano Gomez|March 4, 2026 at 07:35 PM|1 views

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🤖AI Summary

Bitwise donated $233,000 from profits of its BITB ETF to support Bitcoin open source developers through three organizations: Brink, OpenSats, and the Human Rights Foundation Bitcoin Development Fund. This donation demonstrates how Bitcoin ETF profits are being reinvested back into the Bitcoin ecosystem's development infrastructure.

Key Takeaways

→Bitwise donated $233,000 from BITB ETF profits to Bitcoin open source development
→The funds were distributed to three organizations: Brink, OpenSats, and HRF Bitcoin Development Fund
→This represents a direct reinvestment of Bitcoin ETF profits back into the Bitcoin ecosystem
→The donation supports the ongoing development and maintenance of Bitcoin's open source infrastructure
→Major financial institutions are increasingly supporting Bitcoin's core development community

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#bitwise #bitcoin-etf #bitb #open-source #developers #donation #brink #opensats #hrf #bitcoin-development

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