@bitcoinbrink<\/a>\u00a0for at least 10 years. Your tireless dedication to decentralization and innovation is the cornerstone of the Bitcoin ecosystem, and we’re here to support it\u2014more details to come.”<\/p>\nBy dedicating a portion of their ETF profits, VanEck aims for developers to continue fostering innovation, security, and resilience within the Bitcoin network. The pledge not only signifies a financial commitment but also reflects a long-term vision in contributing to the evolution and longevity of Bitcoin.<\/p>\n
The move has garnered some praise within the Bitcoin community for its proactive stance in acknowledging the critical role played by Bitcoin Core developers. These individuals contribute significantly to the open-source development of the protocol, ensuring its robustness and adaptability in the face of technological advancements and potential threats.<\/p>\n
VanEck’s commitment to allocating a portion of profits towards supporting Bitcoin Core developers illustrates a growing trend of corporate entities recognizing the importance of investing in the sustainability and growth of Bitcoin. As the company positions itself for a potential spot Bitcoin ETF approval, where large amounts of institutional and retail capital can flow into BTC, this pledge could have a profound and enduring impact on the Bitcoin development landscape for years to come.<\/p>","protected":false},"excerpt":{"rendered":"
In a significant move showcasing dedication to the broader Bitcoin ecosystem, VanEck, a notable investment management firm, has pledged to allocate 5% of profits generated from their Spot Exchange-Traded Fund (ETF), if approved by the SEC, towards supporting Bitcoin Core developers for a period exceeding a decade.\u00a0 VanEck has already started this initiative by making […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19603","post","type-post","status-publish","format-standard","hentry","category-crypto-news"],"_links":{"self":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/posts\/19603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/comments?post=19603"}],"version-history":[{"count":0,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/posts\/19603\/revisions"}],"wp:attachment":[{"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/media?parent=19603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/categories?post=19603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoins-101.com\/wp-json\/wp\/v2\/tags?post=19603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}