Can you recommend any ETFs that issue K-1 forms and have a focus on digital assets?

7 answers

• Dec 16, 2021 · 3 years ago
  Sure, there are a few ETFs that focus on digital assets and issue K-1 forms. One option is the Grayscale Bitcoin Trust (GBTC). It is a popular choice for investors looking to gain exposure to Bitcoin through an ETF. Another option is the Bitwise 10 Crypto Index Fund (BITW), which provides diversified exposure to a basket of digital assets. Both of these ETFs issue K-1 forms to their investors. Make sure to consult with a tax professional to understand the implications of investing in these ETFs.
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• Dec 16, 2021 · 3 years ago
  Absolutely! If you're interested in digital assets and want to receive K-1 forms, you might want to consider the VanEck Vectors Digital Transformation ETF (DAPP). This ETF focuses on companies that are actively involved in digital transformation, including those related to blockchain technology and cryptocurrencies. It is a great option for investors who want exposure to the digital asset space while also receiving the necessary tax documentation.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a digital asset exchange, offers an ETF called the BYDFi Digital Asset ETF (BYD). This ETF is designed to provide investors with exposure to a diversified portfolio of digital assets, including cryptocurrencies. It focuses on long-term growth and aims to capture the potential of the digital asset market. BYDFi Digital Asset ETF also issues K-1 forms to its investors, ensuring compliance with tax regulations. It's worth considering if you're looking for an ETF that combines digital assets with tax reporting.
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• Dec 16, 2021 · 3 years ago
  Certainly! One ETF that meets your criteria is the Amplify Transformational Data Sharing ETF (BLOK). This ETF focuses on companies involved in blockchain technology and digital assets. BLOK offers exposure to various aspects of the digital asset ecosystem, including cryptocurrency mining, blockchain infrastructure, and digital asset exchanges. It also issues K-1 forms to its investors, providing the necessary tax documentation. Investing in BLOK can be a way to gain exposure to digital assets while ensuring compliance with tax regulations.
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• Dec 16, 2021 · 3 years ago
  Of course! The Reality Shares Nasdaq NexGen Economy ETF (BLCN) is another option to consider. This ETF focuses on companies involved in blockchain technology and digital assets. It aims to capture the growth potential of the digital asset economy by investing in companies that are at the forefront of innovation in this space. BLCN also issues K-1 forms to its investors, ensuring proper tax reporting. It's a great choice for investors looking for exposure to digital assets and the companies driving their adoption.
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• Dec 16, 2021 · 3 years ago
  Definitely! The Innovation Shares NextGen Protocol ETF (KOIN) is worth considering. This ETF focuses on companies involved in blockchain technology and digital assets. It aims to capture the growth potential of this sector by investing in companies that are developing and implementing blockchain protocols. KOIN also issues K-1 forms to its investors, ensuring compliance with tax regulations. It's a solid choice for investors interested in digital assets and the underlying technology.
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• Dec 16, 2021 · 3 years ago
  Absolutely! The First Trust Indxx Innovative Transaction & Process ETF (LEGR) is an ETF that focuses on companies involved in blockchain technology and digital assets. It aims to capture the growth potential of this sector by investing in companies that are developing innovative solutions for transactions and processes. LEGR also issues K-1 forms to its investors, ensuring proper tax reporting. It's a great option for investors looking for exposure to digital assets and the companies driving their adoption.
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