Bitwise Bitcoin ETF Sees $24.4 Million Daily Flow with Developer Profit Share | Flash News Detail | Blockchain.News

Bitwise Bitcoin ETF Sees $24.4 Million Daily Flow with Developer Profit Share

11/19/2024 1:41:48 AM

Bitwise Bitcoin ETF Sees $24.4 Million Daily Flow with Developer Profit Share

According to FarsideUK, the Bitwise Bitcoin ETF has recorded a daily inflow of $24.4 million. Notably, 10% of the profits from this ETF are allocated to Bitcoin developers, potentially supporting the broader Bitcoin ecosystem. Traders should consider the impact of such initiatives on Bitcoin's development and market sentiment. (Source)

Bitcoin ETF Bitcoin developers Bitwise

More from Farside Investors (@FarsideUK): Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.