According to the latest development, BlackRock's ISHARES Bitcoin ETF product has applied for in-kind refunds.
The SEC had previously pushed for Bitcoin Spot ETFs to only include cash refunds, rejecting applications for in-kind refunds. Tax-advantaged in-kind refunds, if approved, would be positive for the cryptocurrency market.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
CandyBomb x DEBIT: Trade to share 45,000 USDT
Bitget Will Support the BounceBit (BB) Contract Swap
Hold USDGO for dual perks, earn up to 30%+ APR!
Bitget Has Completed the Vanar Chain (VANRY) Contract Swap
