The US Internal Revenue Service may take action against encrypted ETF: Which funds are at risk?
2026-09-29 05:40:56
According to CoinMeta, the United States Internal Revenue Service (IRS) has issued a warning to exchange-traded funds (ETFs) that invest in cryptocurrencies, stating that some funds holding digital assets may use trading tactics to evade taxes. In a notice released on Monday, the IRS mentioned that more than 90% of the income from these funds must come from dividends, interest, and stock earnings; profits derived from cryptocurrencies and commodities are not included. The IRS warns that some entities have found ways to circumvent this rule, which could have a significant impact on the market. The notice does not specifically list the affected funds, but it indicates that conventional funds holding these assets may be at risk.
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Source:BeInCrypto
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