Gate News reports that on March 6, cryptocurrency asset management firm Bitwise Asset Management announced its second donation to Ethereum open-source developers. The donation amount was $100,000, awarded to two Ethereum open-source developer organizations, Protocol Guild and PBS Foundation. Previously, Bitwise pledged to donate 10% of the annual revenue from the Bitwise Ethereum ETF (ETHW) to support the development of the Ethereum network. To date, this ETF has accumulated over $361 million in fund inflows.
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