A $7 billion crypto ETF plumbing boom just ran into the IRS

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at 29 Sept, 15:51 UTC

The Internal Revenue Service (IRS) is scrutinizing a crypto-linked ETF tax strategy as Washington intensifies its campaign against structures designed to avoid taxable gains. The Treasury Department and IRS identified digital assets as one area where fund managers may be stretching tax provisions…