His Bitcoin-and-Ether ETF Will Liquidate October 21. The Forced Cash Redemption Can Make More of His Social Security Tax

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A Bitcoin-and-Ether ETF is set to liquidate on October 21, forcing investors to receive cash rather than retain their fund shares. The resulting taxable distribution or sale may raise an investor’s income and cause more of their Social Security benefits to be taxed. For Bitcoin, the closure underscores that ETF investors can face tax consequences from a fund’s liquidation even without choosing to sell their exposure themselves.

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