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Reading: Bitwise Backs Bitcoin Devs With Over $380K In Donations
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Mycryptopot > News > Crypto > Bitcoin > Bitwise Backs Bitcoin Devs With Over $380K In Donations
Bitcoin

Bitwise Backs Bitcoin Devs With Over $380K In Donations

March 6, 2026 4 Min Read
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Bitcoin
Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure

When Bitwise Asset Administration launched its Bitcoin ETF in January 2024, it made a promise: hand over 10% of gross income yearly to the individuals who hold Bitcoin operating. Fourteen months later, that promise continues to be being stored — and the checks are getting greater.

A Rising Dedication To Open-Supply Work

The agency introduced a $233,000 donation on March 4, directed at three organizations that fund BTC open-source builders: Brink, OpenSats, and the Human Rights Basis’s Bitcoin Improvement Fund.

Mixed with final 12 months’s contribution, Bitwise has now put greater than $380,000 into the arms of programmers who keep and safe the world’s largest cryptocurrency community. None of that cash got here from advertising budgets or company goodwill gestures. It got here straight from ETF income.

As a part of our annual dedication to assist Bitcoin open-source builders, Bitwise is proud to donate $233,000 to assist the unsung heroes sustaining and securing the Bitcoin community.

This 12 months marked important development for the Bitwise Bitcoin ETF ($BITB), making this… pic.twitter.com/wjEoLHDVsY

— Bitwise (@Bitwise) March 4, 2026

Picture Credit score: Reuters/Brendan McDermid/File Photograph

The Bitcoin ETF on the heart of this — ticker BITB — has pulled in over $2.5 billion in investor inflows because it launched. That development is what drives the scale of the annual donation.

As BITB grows, so does the contribution. Bitwise stated as a lot when asserting this 12 months’s present, confirming that future donations will scale with the fund’s belongings underneath administration.

Thanks to the @Bitwise crew for supporting open supply Bitcoin improvement! https://t.co/xDgQTc5RHk

— Brink (@bitcoinbrink) March 4, 2026

Bitcoin’s Invisible Workforce

Open-source builders hardly ever make headlines. They write code, evaluation proposals, repair bugs, and argue over technical upgrades in public boards — largely with out pay.

The three nonprofits receiving Bitwise’s donation exist particularly to vary that. Brink and OpenSats provide grants and fellowships to full-time contributors. The Human Rights Basis’s Bitcoin Improvement Fund focuses on reaching builders in international locations the place monetary freedom is most in danger.

BTCUSD at the moment buying and selling at $73,183. Chart: TradingView

For these organizations, company donations of this dimension are important. The highest crypto asset’s core improvement has no central authority and no firm behind it writing paychecks. Funding comes from donors, and consistency issues.

Past Crypto

Bitwise has prolonged the identical mannequin to Ethereum. Based mostly on experiences, the agency additionally donated a portion of income from its spot Ethereum ETF — ETHW — to Ethereum open-source contributors final 12 months.

 

Picture: Da-kuk through Getty Photographs

The corporate manages over $15 billion in belongings throughout greater than 40 merchandise, together with ETFs tied to XRP, Solana, and Dogecoin.

The broader image is a agency utilizing its ETF enterprise not simply to revenue from crypto, however to fund the work that retains it practical.

Whether or not that turns into an business commonplace stays to be seen. For now, Bitwise is likely one of the few doing it persistently — and placing the receipts on the desk yearly.

Featured picture from Pexels, chart from TradingView

Editorial Course of for is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluation by our crew of prime expertise specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.

Contents
A Rising Dedication To Open-Supply WorkBitcoin’s Invisible WorkforcePast Crypto

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Reading: Bitwise Backs Bitcoin Devs With Over $380K In Donations
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