Economy$7 billion crypto ETF plumbing boom draws IRS scrutiny

The IRS and Treasury are examining whether crypto-linked ETFs are using in-kind redemptions to keep gains outside the 90% income test for regulated investment companies. Officials are seeking information and weighing further action, while BlackRock’s Bitcoin and Ethereum products had already distributed about $7.22 billion of assets in kind through June 2026.

crypto ETFsIRStax policyin-kind redemptions

CCryptoSlate★★★☆☆2026-09-29 15:51Original