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

When the Bitwise Bitcoin ETF ($BITB) launched, we committed to donating 10% of its gross profits each year. We’re delighted to make good on that promise with this first annual donation.

Three fantastic non-profit organizations with established track records—@BitcoinBrink, @OpenSats, and @HRF—will allocate the funds. We’re grateful for the work they do.

Thank you to the investors who’ve chosen Bitwise and BITB among many options. This donation is made possible because of your choice. We hope you’re as proud as we are to support Bitcoin open-source developers.

As BITB grows, so too will our contribution. Bitcoin is changing the world, and Bitwise will always strive to do our part to be a good steward of this incredible ecosystem alongside you.

From all 100 of us at Bitwise, thank you.