{"id":91760,"date":"2026-03-06T00:22:27","date_gmt":"2026-03-06T00:22:27","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/06\/bitwise-backs-bitcoin-devs-with-over-380k-in-donations\/"},"modified":"2026-03-06T00:22:28","modified_gmt":"2026-03-06T00:22:28","slug":"bitwise-backs-bitcoin-devs-with-over-380k-in-donations","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/03\/06\/bitwise-backs-bitcoin-devs-with-over-380k-in-donations\/","title":{"rendered":"Bitwise Backs Bitcoin Devs With Over $380K in Donations"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"trusted-editorial-content trusted-editorial-content--top\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/safe.png\" class=\"trusted-editorial-content__icon\"\/><\/p>\n<div class=\"trusted-editorial-content__text\"><u>Trusted Editorial<\/u> content material, reviewed by main trade consultants and seasoned editors. <a href=\"#\" target=\"_blank\">Ad Disclosure<\/a><\/div>\n<\/p><\/div>\n<p>When Bitwise Asset Management launched its Bitcoin ETF in January 2024, it made a promise: hand over <a href=\"https:\/\/bitwiseinvestments.com\/newsroom\/bitwise-donating-233k-from-bitb-profits-to-bitcoin-open-source-developers\" target=\"_blank\" rel=\"noopener nofollow\">10% of gross profits<\/a> yearly to the individuals who maintain <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a> working. Fourteen months later, that promise remains to be being stored \u2014 and the checks are getting greater.<\/p>\n<h2>A Growing Commitment To Open-Source Work<\/h2>\n<p>The agency introduced a $233,000 donation on March 4, directed at three organizations that fund BTC open-source builders: <a href=\"https:\/\/x.com\/bitcoinbrink\/status\/2029275385007915139\" target=\"_blank\" rel=\"noopener nofollow\">Brink<\/a>, OpenSats, and the Human Rights Foundation\u2019s Bitcoin Development Fund.<\/p>\n<p>Combined with final 12 months\u2019s contribution, Bitwise has now put greater than $380,000 into the palms of programmers who preserve and safe the world\u2019s largest cryptocurrency community. None of that cash got here from advertising budgets or company goodwill gestures. It got here straight from ETF income.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">As a part of our annual dedication to help Bitcoin open-source builders, Bitwise is proud to donate $233,000 to help the unsung heroes sustaining and securing the Bitcoin community.<\/p>\n<p>This 12 months marked important progress for the Bitwise Bitcoin ETF ($BITB), making this\u2026 <a href=\"https:\/\/t.co\/wjEoLHDVsY\" rel=\"nofollow\">pic.twitter.com\/wjEoLHDVsY<\/a><\/p>\n<p>\u2014 Bitwise (@Bitwise) <a href=\"https:\/\/twitter.com\/Bitwise\/status\/2029245847620530531?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">March 4, 2026<\/a><\/p>\n<\/blockquote>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-668219\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_bf8707.avif\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_bf8707.avif 1920w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_bf8707.avif?resize=630,420 630w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_bf8707.avif?resize=768,512 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_bf8707.avif?resize=980,653 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_bf8707.avif?resize=1536,1024 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_bf8707.avif?resize=750,500 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_bf8707.avif?resize=1140,760 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"\/><\/p>\n<pre style=\"text-align: center;\">Image Credit: Reuters\/Brendan McDermid\/File Photo<\/pre>\n<p>The <a href=\"https:\/\/etfdb.com\/themes\/bitcoin-etfs\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin ETF<\/a> on the middle of this \u2014 ticker BITB \u2014 has pulled in over $2.5 billion in investor inflows because it launched. That progress is what drives the scale of the annual donation.<\/p>\n<p>As BITB grows, so does the contribution. Bitwise stated as a lot when asserting this 12 months\u2019s reward, confirming that future donations will scale with the fund\u2019s property below administration.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Thank you to the <a href=\"https:\/\/twitter.com\/Bitwise?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">@Bitwise<\/a> staff for supporting open supply Bitcoin growth! <a href=\"https:\/\/t.co\/xDgQTc5RHk\" rel=\"nofollow\">https:\/\/t.co\/xDgQTc5RHk<\/a><\/p>\n<p>\u2014 Brink (@bitcoinbrink) <a href=\"https:\/\/twitter.com\/bitcoinbrink\/status\/2029275385007915139?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">March 4, 2026<\/a><\/p>\n<\/blockquote>\n<h2>Bitcoin\u2019s Invisible Workforce<\/h2>\n<p>Open-source builders not often make headlines. They write code, overview proposals, repair bugs, and argue over technical upgrades in public boards \u2014 largely with out pay.<\/p>\n<p>The three nonprofits receiving Bitwise\u2019s donation exist particularly to vary that. Brink and <a href=\"https:\/\/opensats.org\/\" target=\"_blank\" rel=\"noopener nofollow\">OpenSats<\/a> supply grants and fellowships to full-time contributors. The Human Rights Foundation\u2019s Bitcoin Development Fund focuses on reaching builders in international locations the place monetary freedom is most in danger.<\/p>\n<figure style=\"width: 1835px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/wSsWOG8W\/\" width=\"1835\" height=\"951\"\/><figcaption class=\"wp-caption-text\">BTCUSD presently buying and selling at $73,183. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>For these organizations, company donations of this dimension are important. The prime crypto asset\u2019s core growth has no central authority and no firm behind it writing paychecks. Funding comes from donors, and consistency issues.<\/p>\n<h3>Beyond Crypto<\/h3>\n<p><a href=\"https:\/\/bitwiseinvestments.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitwise<\/a> has prolonged the identical mannequin to Ethereum. Based on reviews, the agency additionally donated a portion of income from its spot <a href=\"https:\/\/etfdb.com\/themes\/ethereum-etfs\/\" target=\"_blank\" rel=\"noopener nofollow\">Ethereum ETF<\/a> \u2014 ETHW \u2014 to Ethereum open-source contributors final 12 months.<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_668221\" aria-describedby=\"caption-attachment-668221\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-668221\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_75defd.jpg?resize=1024%2C683\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_75defd.jpg?w=2120 2120w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_75defd.jpg?w=630 630w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_75defd.jpg?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_75defd.jpg?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_75defd.jpg?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_75defd.jpg?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_75defd.jpg?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2026\/03\/a_75defd.jpg?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"\/><figcaption id=\"caption-attachment-668221\" class=\"wp-caption-text\">Image: Da-kuk through Getty Images<\/figcaption><\/figure>\n<p>The firm manages over $15 billion in property throughout greater than 40 merchandise, together with ETFs tied to <a href=\"https:\/\/coinmarketcap.com\/\" target=\"_blank\" rel=\"noopener nofollow\">XRP, Solana, and Dogecoin<\/a>.<\/p>\n<p>The broader image is a agency utilizing its ETF enterprise not simply to revenue from crypto, however to fund the work that retains it purposeful.<\/p>\n<p>Whether that turns into an trade normal stays to be seen. For now, Bitwise is among the few doing it persistently \u2014 and placing the receipts on the desk yearly.<\/p>\n<p><em>Featured picture from Pexels, chart from TradingView<\/em><\/p>\n<div class=\"trusted-editorial-content trusted-editorial-content--bottom\">\n\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/02\/safe.png\" class=\"trusted-editorial-content__icon\"\/><\/p>\n<p><strong>Editorial Process<\/strong> for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent overview by our staff of prime expertise consultants and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/bitwise-backs-bitcoin-devs-with-over-380k-in-donations\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Ad Disclosure When Bitwise Asset Management launched its Bitcoin ETF in January 2024, it made a promise: hand over 10% of gross profits yearly to the individuals who maintain Bitcoin working. Fourteen months later, that promise remains to be being stored \u2014 and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":91762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[14910,3412,20,4559,3497,402],"class_list":{"0":"post-91760","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-380k","9":"tag-backs","10":"tag-bitcoin","11":"tag-bitwise","12":"tag-devs","13":"tag-donations"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/91760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=91760"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/91760\/revisions"}],"predecessor-version":[{"id":91761,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/91760\/revisions\/91761"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/91762"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=91760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=91760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=91760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}