I'm still confused about this issue. The prospectuses of the new spot bitcoin etfs all
say that you own a pro-rata share of the bitcoins in the fund. Also, all expenses are paid
through the sale of bitcoins (the funds are 100% bitcoin). Doesn't that mean that you have a financial
interest in a digital asset and you have to answer the 1040 question "yes" (I'm thinking
about the 2024 return if I buy the etfs this year and have to report my share of gains/loss on
a pro rata share of the sale of the bitcoins to cover fund expenses). How about the funds that use bitcoin futures?
