As the spot Ether exchange-traded funds (ETFs) are about to see their first day of trading, asset manager Bitwise has pledged to donate 10% of its profits to Ethereum developers. 

On July 22, the United States Securities and Exchange Commission (SEC) approved the final S-1 statements required for spot Ether
ETH
tickers down
$3,452
 ETFs to launch on stock exchanges, including the Nasdaq, the Chicago Board Options Exchange and the New York Stock Exchange (NYSE).

As it debuts its ETF on the NYSE