Bitwise Bitcoin ETF Shows Zero Daily Flow with Developer Profit Allocation | Flash News Detail | Blockchain.News

Bitwise Bitcoin ETF Shows Zero Daily Flow with Developer Profit Allocation

10/22/2024 11:02:49 PM

Bitwise Bitcoin ETF Shows Zero Daily Flow with Developer Profit Allocation

According to FarsideUK, the Bitwise Bitcoin ETF has reported a daily flow of zero million US dollars. Notably, 10% of the profits from this ETF are allocated to Bitcoin developers, providing financial support for development efforts. This information could be significant for traders monitoring the performance and social impact of cryptocurrency ETFs. (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.