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✉news BusinessPersonal Finance first seen 8 h ago, last 35 min ago, peak #13

Bitcoin and Ether ETF to Liquidate October 21

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

A cryptocurrency ETF holding Bitcoin and Ether will be liquidated on October 21, forcing shareholders to redeem their positions for cash. Financial commentators note the forced redemption can trigger taxable gains, which in turn may push more of a retiree's Social Security benefits into the taxable bracket. The story highlights a lesser-known tax trap for investors holding crypto funds in retirement accounts alongside Social Security.

Why now: Investors and retirees are concerned about the tax consequences of forced ETF liquidations on their Social Security benefits.

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