According to Farside Investors, the VanEck Bitcoin ETF recorded a daily flow of 0 million US dollars. Despite the lack of inflow, 5% of the product's profits are dedicated to Bitcoin developers, providing a unique support mechanism for the cryptocurrency's ecosystem. For more detailed data and disclaimers, visit farside.co.uk/btc.

According to Farside Investors, Bitwise has contributed $150,000 towards open-source Bitcoin development and $100,000 towards Ethereum development. This significant investment, totaling $250,000 over two days, highlights Bitwise's commitment to supporting the innovation and growth of cryptocurrency technologies. Traders should note this could positively influence market sentiment towards Bitcoin and Ethereum.