Bytecode alliance is a non profit organisation whose members involve some of the tech giants involved in promoting WASM development. Bytecode alliance have developed their own open runtime.
It's not obvious why we need a seperate WASM runtime developed by Wasmer, or why they would be good stewards for a "Webassembly foundation". Their recent efforts with the closed source Webassembly Package Manager reek of trying to copy the npm business model: take commercial advantage of a non-commercial programming language.
If Wasmer want to be trusted they need to stop acting like they are official stewards of Webassembly. Focus more on building good WASM products than on pretending to be leaders.
You can even see (unattributed) supportive comments from Wasmer employees in this comments section. It just feels off.