VanEck to donate 5% of ETF profits to Bitcoin core devs for 10 years

Investment firm VanEck declared that it would donate 5% of its potential profits from its proposed spot Bitcoin Exchange-Traded Fund (ETF), contingent upon its approval, to support the Bitcoin core developers working at Brink, according to a Jan. 5 announcement. Brink, established in 2020, plays a crucial role in the B

Investment firm VanEck declared that it would donate 5% of its potential profits from its proposed spot Bitcoin Exchange-Traded Fund (ETF), contingent upon its approval, to support the Bitcoin core developers working at Brink, according to a Jan. 5 announcement. Brink, established in 2020, plays a crucial role in the Bitcoin (BTC) network.