With the U.S. tax filing deadline due April 18, the data suggest many investors lack knowledge on how to prepare their crypto-specific tax returns. Many don’t know what constitutes a taxable event, the survey showed. As many as 40% of participants did not know that selling crypto was subject to taxation, with 48% unaware that sales of non-fungible tokens (NFTs) fell into this category.
Grayscale’s GBTC Sees Inflow for First Time Since Bitcoin ETF’s January Debut
While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund...