VanEck, Brink and Bitcoin logos

VanEck Pledges 5% of Bitcoin Spot ETF Profits to Brink for Bitcoin Core Development

VanEck, a leading asset management group, has announced that it will invest in the Bitcoin ecosystem for the long term and support the open-source Bitcoin Core development. The firm said that if its spot Bitcoin exchange-traded fund (ETF) is approved by the U.S. Securities and Exchange Commission (SEC), it will donate 5% of its profits to Brink, a nonprofit organization that funds and mentors Bitcoin Core developers, for at least 10 years

Continue Reading...