That's wild, no taxable event when settled in kind and no denominator change. Of course there's exceptions, but settling in dollars everything creates a liability.
Jason Ai. Williams
Jason Ai. Williams24.7. klo 04.43
HOLY MOTHER OF GOD : JUST IN: $10 Trillion Fidelity Bitcoin ETF will now allow in-kind redemptions This allows institutions to settle in Bitcoin instead of dollars 🚀
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