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As is the case for to institutional and individual accredited to bear the risk of new products quoted on a.
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Grayscale CEO Michael Sonnenshein on bitcoin ETF approval: The culmination of 10 years of workAs a result, the Trust itself is not subject to U.S. federal income tax. Instead, the Trust's income and expenses �flow through� to the Shareholders. TAXATION. The tax information in the Prospectus and this SAI is provided as general information. You should consult your own tax professional about the tax. Here's what Grayscale says in their tax document: "Because the Trust paid out only a de minimis amount of BTC for payment of Trust expenses.
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