Investment firm Pearl Fund launches $500 million Pearl Bitcoin Fund"
According to online reports, American investment company Pearl Fund announced the Pearl Bitcoin Fund, a bitcoin fund with a scale of US$500 million. It is reported that Pearl Bitcoin Fund will be the first investment fund in the United States that can be exempted from capital gains tax on Bitcoin investments. Its solution can allow investors to get tax-free Bitcoin appreciation after the 10-year holding period. Currently, the Bitcoin ETF does not have related functions for the time being.
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