Bitwise will donate 10% of the profits of the Bitwise Ethereum ETF (ETHW) to Ethereum open-source protocol development.
Recipient orgs:
- @ProtocolGuild
- @PBS_Foundation
We cannot take Ethereum and its core protocol properties for granted.
We’re excited for ETHW to support the work of those who tend to the Ethereum protocol—the unsung heroes who work tirelessly every day to improve Ethereum’s security, scalability, and usability.
Donations will be made annually for at least the next 10 years. Recipient organizations are subject to change based on annual review.
For more information on ETHW and the donation program, visit https://t.co/wnE6cJn496
@dcinvestor@Shaughnessy119 @jeuul157419 @SGJohnsson I believe spinoff ETH not taxable but obviously if you sell ETHE for ETH after the fact it is taxable
Strongly recommend the Solana community not treat Ethereum as inferior
Because it's not — these are different systems that optimize for different characteristics
Both are necessary and will be around for a long time
Don't underestimate others*