VANECK TO DONATE ETF PROFITS TO ETHEREUM CORE DEVS

Summary from the TLDR Crypto newsletter

VanEck is planning to launch an Ethereum Strategy ETF (EFUT) and has committed to donating 10% of its profits to Protocol Guild for at least a decade. Protocol Guild is a funding mechanism that supports the maintenance and development of Ethereum's core protocol. The company says this donation is both a recognition of Ethereum builders' contribution and an investment in its future adoption.