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Wealthy Bitcoin Holders Shift Billions to ETFs Amid Tax Benefits and SEC Changes

Wealthy Bitcoin Holders Shift Billions to ETFs Amid Tax Benefits and SEC Changes

Wealthy Bitcoin holders are transferring billions in BTC to exchange-traded funds like BlackRock’s IBIT, driven by tax advantages and recent SEC regulations that favor institutional custody over self-...

CoinOtag logoCoinOtag
1 min
Russia Finally Reaches Agreement on Bitcoin (BTC) and Cryptocurrencies! "Long-Awaited!"

Russia Finally Reaches Agreement on Bitcoin (BTC) and Cryptocurrencies! "Long-Awaited!"

Good news came from Russia, which has been making plans for a long time regarding the use and legalization of Bitcoin (BTC) and cryptocurrencies. Russia's Ministry of Finance and the Central Bank agre...

BitcoinSistemi logoBitcoinSistemi
1 min
‘Another nail in the coffin of the original crypto spirit’: Whales ditch self-custody for ETFs

‘Another nail in the coffin of the original crypto spirit’: Whales ditch self-custody for ETFs

Wealthy Bitcoin holders are moving billions into ETFs like BlackRock’s IBIT as tax benefits and SEC rule changes drive a shift away from self-custody....

Cointelegraph logoCointelegraph
1 min