In September last year, VanEck also announced that its Ethereum strategy ETF (EFUT) will allocate profits to the Ethereum community (Protocol Guild) for more than ten years. Protocol Guild is a crowd-funding mechanism that can accommodate ~150 people and helps maintain Ethereum’s main protocols. It provides mutual support for peer members while providing a way for the broader ecosystem to support protocol operations.
11 Companies, Including VanEck, Resubmit SEC Documents, Proposing to Share ETF Profits with Bitcoin Community Brink