[anonu]

These are cash creates not in kind creates. So there is no escaping taxes. You will be paying capital gains just by holding spot Bitcoin ETFs

Edit: after further research it appears that the cash create mechanism doesn't cause a tax event for shareholders as it does with mutual funds. See https://www.grayscale.com/blog/legal-topics/addressing-poten...

We will have to see how every Bitcoin ETF is structured. YMMV depending on this structure and how you get taxed.

[tempestn]

I think the parent is talking about buying the ETF inside a tax sheltered account.

[maxioatic]

Indeed I was, thanks for clarifying.

[anonu]

Ok. Not a terrible idea to be in high growth/high return assets in qualified accounts.