**VanEck to donate 10% of profits from Ether ETF to core developers**

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-09/6031b78c-bf56-446f-b901-19648ed961f0.jpg

The Protocol Guild, a team of over 150 Ethereum core developers, will be the beneficiary. VanEck argues that asset managers should give back some Ether ETF proceeds to the community.

https://cointelegraph.com/news/vaneck-donate-profits-from-ether-etf-core-developers