Crypto asset management firm and ETF issuer Bitwise donated $233,000 to open-source Bitcoin developers in its latest annual contribution.

Bitwise has made its second donation to open-source Bitcoin developers, with its latest $233,000, funded from gross profits from BITB, bringing the total tally to $383,000.

Bitwise CIO Matt Hougan says the Iran attack weekend showed how onchain markets like Hyperliquid are becoming key venues for global trading.

Bitwise Chief Investment Officer Matt Hougan dismissed conspiracy theories blaming Jane Street and others for Bitcoin’s BTC decline, arguing “a bunch of people who were long Bitcoin sold their Bitcoin ...