Vaneck is donating 5% of its bitcoin etf profits to bitcoin developers, he who pays the piper calls the tune.

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It could end up being a tail wagging the dog.

Did Vaneck make the move because of their generosity, or did they calculate that it might bring them more net inflows?

They are bowing to the Bitcoin here. It's in our power to make the others bow as well, if we speak the message.

- ie telling everyone that cash redemptions are the worst; Blackrocks are the evil vampires, that Jamie Morgan custody smells like bunch of pedos, or that whoever doesn't give a cut of their fees back to Bitcoin is not allowed to play our game.