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VanEck's Innovation Boost: 5% of Bitcoin ETF Profits Funneled | Crypto Inside

VanEck's Innovation Boost: 5% of Bitcoin ETF Profits Funneled to Empower Bitcoin Core Developers!

Prepare for a seismic shift in the crypto landscape as VanEck, the visionary Bitcoin ETF applicant, unveils a groundbreaking commitment: dedicating a robust 5% of its Bitcoin ETF profits to champion the unsung heroes – the Bitcoin Core developers!

VanEck's Progressive Alliance with Brink: Pioneering Crypto Philanthropy!

Pending the green light from the U.S. Securities and Exchange Commission (SEC), VanEck's substantial contributions will flow through Brink, a non-profit organization uniquely poised to facilitate direct support from donors to Bitcoin code testers and maintainers. This strategic partnership, involving major crypto exchanges like BitMEX, Kraken, and Coinbase, stands as a monumental stride in fortifying the bedrock of the entire crypto ecosystem.

VanEck: Blending Legacy with Crypto Frontiers!

With a legacy tracing back to 1955 as a trailblazer in ETF and mutual fund management, VanEck brings a wealth of financial acumen into the dynamic world of cryptocurrencies. Currently overseeing a formidable $76.4 billion in assets as of September 2023, VanEck's commitment signifies an amalgamation of traditional financial wisdom with the cutting-edge universe of digital assets.

VanEck's Actionable Support: Beyond Mere Words!

In a resounding declaration, VanEck asserted, "We're not Bitcoin tourists. We're in it for the long haul." This isn't just lip service; VanEck has initiated their pledge with a substantial $10,000 donation to the developers, exemplifying steadfast support for the architects of the Bitcoin ecosystem.