Bitwise Bitcoin ETF Shows No Daily Flow with Developer Profit Allocation | Flash News Detail | Blockchain.News

Bitwise Bitcoin ETF Shows No Daily Flow with Developer Profit Allocation

12/7/2024 12:09:45 AM

Bitwise Bitcoin ETF Shows No Daily Flow with Developer Profit Allocation

According to Farside Investors, the daily flow for the Bitwise Bitcoin ETF is currently at 0 million US dollars. Notably, 10% of the profits generated from this product are allocated to Bitcoin developers. This indicates a commitment to supporting the ongoing development of the Bitcoin network, although the lack of current flow suggests limited investor activity or interest at this time. (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.