Eaglebrook Research
The Power of Tax-Loss Harvesting
The volatility of bitcoin can be daunting for advisors and their clients. Extensive drawdowns weigh on conviction, but those who own spot bitcoin in a separately managed account (SMA) and believe in the long-term investment thesis can tap into the power of Tax-Loss Harvesting (“TLH”), a silver lining that can save investors thousands on a tax bill.
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