{"id":75162,"date":"2026-03-05T23:01:32","date_gmt":"2026-03-05T23:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=75162"},"modified":"2026-03-05T23:01:32","modified_gmt":"2026-03-05T23:01:32","slug":"bitwise-backs-bitcoin-devs-with-over-380k-in-donations","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=75162","title":{"rendered":"Bitwise Backs Bitcoin Devs With Over $380K In Donations"},"content":{"rendered":"
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When Bitwise Asset Management launched its Bitcoin ETF in January 2024, it made a promise: hand over 10% of gross profits<\/a> every year to the people who keep Bitcoin<\/a> running. Fourteen months later, that promise is still being kept \u2014 and the checks are getting bigger.<\/p>\n

A Growing Commitment To Open-Source Work<\/h2>\n

The firm announced a $233,000 donation on March 4, directed at three organizations that fund BTC open-source developers: Brink<\/a>, OpenSats, and the Human Rights Foundation\u2019s Bitcoin Development Fund.<\/p>\n

Combined with last year\u2019s contribution, Bitwise has now put more than $380,000 into the hands of programmers who maintain and secure the world\u2019s largest cryptocurrency network. None of that money came from marketing budgets or corporate goodwill gestures. It came straight from ETF profits.<\/p>\n

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As part of our annual commitment to support Bitcoin open-source developers, Bitwise is proud to donate $233,000 to support the unsung heroes maintaining and securing the Bitcoin network.<\/p>\n

This year marked significant growth for the Bitwise Bitcoin ETF ($BITB), making this\u2026 pic.twitter.com\/wjEoLHDVsY<\/a><\/p>\n

\u2014 Bitwise (@Bitwise) March 4, 2026<\/a><\/p>\n<\/blockquote>\n

\"\"<\/p>\n

The Bitcoin ETF<\/a> at the center of this \u2014 ticker BITB \u2014 has pulled in over $2.5 billion in investor inflows since it launched. That growth is what drives the size of the annual donation.<\/p>\n

As BITB grows, so does the contribution. Bitwise said as much when announcing this year\u2019s gift, confirming that future donations will scale with the fund\u2019s assets under management.<\/p>\n

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Thank you to the @Bitwise<\/a> team for supporting open source Bitcoin development! https:\/\/t.co\/xDgQTc5RHk<\/a><\/p>\n

\u2014 Brink (@bitcoinbrink) March 4, 2026<\/a><\/p>\n<\/blockquote>\n

Bitcoin\u2019s Invisible Workforce<\/h2>\n

Open-source developers rarely make headlines. They write code, review proposals, fix bugs, and argue over technical upgrades in public forums \u2014 mostly without pay.<\/p>\n

The three nonprofits receiving Bitwise\u2019s donation exist specifically to change that. Brink and OpenSats<\/a> offer grants and fellowships to full-time contributors. The Human Rights Foundation\u2019s Bitcoin Development Fund focuses on reaching developers in countries where financial freedom is most at risk.<\/p>\n

<\/p>\n

For these organizations, corporate donations of this size are significant. The top crypto asset\u2019s core development has no central authority and no company behind it writing paychecks. Funding comes from donors, and consistency matters.<\/p>\n

Beyond Crypto<\/p>\n

Bitwise<\/a> has extended the same model to Ethereum. Based on reports, the firm also donated a portion of profits from its spot Ethereum ETF<\/a> \u2014 ETHW \u2014 to Ethereum open-source contributors last year.<\/p>\n

\u00a0<\/p>\n

\"\"<\/p>\n

The company manages over $15 billion in assets across more than 40 products, including ETFs tied to XRP, Solana, and Dogecoin<\/a>.<\/p>\n

The broader picture is a firm using its ETF business not just to profit from crypto, but to fund the work that keeps it functional.<\/p>\n

Whether that becomes an industry standard remains to be seen. For now, Bitwise is one of the few doing it consistently \u2014 and putting the receipts on the table every year.<\/p>\n

Featured image from Pexels, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

When Bitwise Asset Management launched its Bitcoin ETF in January 2024, it made a promise: hand over 10% of gross profits every year to the people who keep Bitcoin running. Fourteen months later, that promise is still being kept \u2014 and the checks are getting bigger. A Growing Commitment To Open-Source Work The firm announced […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-75162","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75162"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75162\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}