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Investors & landlords
Yes, you do have a position in cryptocurrency.
This sounds much like a RIET. It is an entity that owns property. As that property is traded, profit or loss is created. it is then distributed throughout the owners through a K-1.
Grayscale should work similarly.
Grayscale should provide a K-1 to all of it's members reflecting the state of the trust and the profit or loss that it generated.
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March 21, 2021
12:36 PM