VanEck’s Game-Changing Move: Allocates 5% of Bitcoin ETF Profits to Empower Bitcoin Core Developers!

summary: In a groundbreaking commitment that’s set to redefine the future of Bitcoin, VanEck, the Bitcoin ETF hopeful, announces its pledge to contribute a substantial 5% of its Bitcoin ETF profits to the unsung heroes – the Bitcoin Core developers!

 VanEck & Brink: A Fusion for Crypto Progress!

Pending approval from the U.S. Securities and Exchange Commission (SEC), VanEck’s generous donations will flow through Brink, a non-profit organization dedicated to connecting donor funds with Bitcoin code testers and maintainers. This dynamic collaboration, involving major crypto exchanges like BitMEX, Kraken, and Coinbase, aims to fuel innovation and progress within the entire crypto ecosystem.

 VanEck’s Legacy Meets Crypto’s Future!

With a rich history dating back to 1955 as an active ETF and mutual fund manager, VanEck brings decades of financial expertise to the crypto space. Managing a whopping $76.4 billion in assets as of September 2023, VanEck’s commitment signals a fusion of traditional finance and the futuristic world of cryptocurrencies.

 Beyond Words: VanEck’s Tangible Support!

In a powerful statement, VanEck declared, “We’re not Bitcoin tourists. We’re in it for the long haul.” Proving their commitment, VanEck has already kickstarted their pledge with a significant $10,000 donation to the developers, demonstrating tangible support for the backbone of the Bitcoin ecosystem.