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Bitwise directs $233K second-year gift, lifting Bitcoin dev donations to $383K
Since January 2024, Bitwise has contributed a total of $383,000 to open-source Bitcoin developers, including a second donation of $233,000 announced on Wednesday. The latest payout, equal to 10% of gross profits from the Bitwise Bitcoin ETF, will be distributed by Bitcoin Brink, OpenSats and the Human Rights Foundation, while BITB has recorded $2.2 billion of inflows and remains third among U.S. spot Bitcoin ETFs.