Noun 40 on Warpcast

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Noun 40 pfp

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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Dan Romero pfp

Does the ETH get staked?

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rafa (Devcon) pfp

How is this different from just buying and holding ETH? (Honest question!)

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Sterling Crispin pfp

Sterling Crispin

@sterlingcrispin

Congratulations!

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ccarella pfp

Awesome. Congrats and Thank you again.

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tomu pfp

congrats!! excited to see how this goes live in some hours

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@chriscocreated

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eirrann | he/him🎩🔵 pfp

eirrann | he/him🎩🔵

Do you know when this will be available through Schwab?

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leoclark.⌐◨-◨ ᖽ🎩

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Bixbite 👽 pfp

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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Joe Toledano pfp

Was there a particular reason why y'all went with BNY Mellon as the admin + TA?

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Daniel Ribeirinha-Braga pfp

Daniel Ribeirinha-Braga

Congratulations guys! Not only are there commercials great but they are making big steps for Ethereum! Also 10% of profits go to open-source development 👀, that’s amazing!

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Like like that you guys choose to help open source teams.

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