VanEck Revolutionizes Crypto Giving: Allocates 5% of Bitcoin ETF Profits to Empower Core Developers!
Exciting news is unfolding in the world of cryptocurrency as VanEck, the Bitcoin ETF trailblazer, unveils a groundbreaking commitment: 5% of its Bitcoin ETF profits will be dedicated to supporting the backbone of innovation – the Bitcoin Core developers!
VanEck's Bridge to Progress: Partnering with Brink!
Subject to approval from the U.S. Securities and Exchange Commission (SEC), VanEck's generous contributions will flow through Brink, a non-profit organization devoted to channeling donor funds directly to Bitcoin code testers and maintainers. This strategic partnership, involving major crypto exchanges like BitMEX, Kraken, and Coinbase, marks a pivotal moment in fortifying the foundations of the entire crypto ecosystem.
VanEck: A Fusion of Legacy and Crypto Innovation!
With a legacy dating back to 1955 as an active ETF and mutual fund manager, VanEck brings decades of financial expertise to the dynamic crypto space. Currently overseeing an impressive $76.4 billion in assets as of September 2023, VanEck's commitment signifies the convergence of traditional financial wisdom and the cutting-edge world of cryptocurrencies.
Beyond Words: VanEck's Tangible Commitment!
In a resounding statement, VanEck emphasized, "We're not Bitcoin tourists. We're in it for the long haul." This commitment goes beyond rhetoric, with VanEck already kickstarting their pledge with a substantial $10,000 donation to the developers, showcasing unwavering support for the true architects of the Bitcoin ecosystem.
Source
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