VanEck Pledges Portion of Profits from New Ether ETF to Ethereum Developers

Global financial manager, VanEck, has announced a commitment to support the technological heartbeat of Ethereum. Come the launch of its forthcoming Ether futures exchange-traded fund (ETF), VanEck will channel 10% of all its profits to the Protocol Guild for a decade. The Guild, a collective of over 150 developers, oversees the constant upgrades and maintenance of Ethereums underlying technology. VanEcks rationale behind this pledge is rooted in their belief that financial institutions profiting from the fruits of Ethereums labor should rightfully give back to its architects. VanEcks...

source: https://tokenpost.com/VanEck-Pledges-Portion-of-Profits-from-New-Ether-ETF-to-Ethereum-Developers-10751

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