Crypto asset management company Bitwise announced in a post on the X platform that it donated $150,000 to support bitcoin open-source developers. When the Bitwise Bitcoin ETF ($BITB) was launched, it had pledged to donate 10% of its gross profit every year. Bitwise said it was pleased to fulfill this commitment through its first annual donation. Three organizations will distribute relevant funds, namely Brink, OpenSats, and the Human Rights Foundation.