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Noun 40
@noun40
Introducing ETHW—the Bitwise Ethereum ETF. - Fund invests directly in ETH - 0.20% management fee (0% for first six months / $500M) - Donates 10% of profits to Ethereum open-source development* - Fund's Ethereum addresses are public for onchain transparency - Built by crypto specialists that care Prospectus: https://ethwetf.com/welcome *Donation by Bitwise Investment Advisers, LLC
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Bixbite 👽
@bixbite
Is the 10% calculated from the management fee portion, or off the top of the ETF position someone opens? Where do you store the ETH that backs the ETFs, on a CEX like Coinbase or self custodial wallets? Could I invest in this through my 401k? So many questions 👩🏼💻
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