Crypto Token Tracker logo Crypto Token Tracker logo
Cryptopolitan 2023-12-16 13:26:20

Grayscale eases tax concerns amid Bitcoin ETF hopes

In a significant development for the cryptocurrency market, Grayscale Investments has provided clarity on the tax implications for shareholders of its Bitcoin Trust (GBTC) amidst mounting anticipation for the U.S. Securities and Exchange Commission’s (SEC) approval of spot Bitcoin Exchange-Traded Funds (ETFs). This clarification comes at a crucial time when the SEC is actively considering

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.