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Bitcoin "OGs" Shifting Holdings to ETFs for Tax Benefits, Analyst Claims

Bitcoin "OGs" Shifting Holdings to ETFs

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

Long-time Bitcoin holders, often referred to as "OGs," are reportedly selling their cryptocurrency to reinvest in Bitcoin Exchange-Traded Funds (ETFs). This strategic move is driven by the significant tax advantages offered by ETFs, particularly within the United States. Analysts suggest this trend indicates a maturing Bitcoin market and a broader shift in investor strategy within the crypto space.

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