Bitcoin News

Story: Bitcoin OGs Shift to ETFs for ‘Incredible Tax Advantages,’ Says Analyst

By Steven Anderson

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Why Bitcoin Veterans Are Selling Their Coins. In a recent post, Hiesboeck explained that several long-term Bitcoin holders are selling their…

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Diversification Beyond Bitcoin. Another reason for this shift, Hiesboeck noted, is the growing realization that blockchain…

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Major Bitcoin Whales on the Move. Recent on-chain data supports this trend. Blockchain analytics firm Lookonchain reported that…

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Bitcoin’s Maturing Growth Curve. Analysts believe that this shift among old holders aligns with Bitcoin’s gradual transformation…

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Bitcoin ETFs Mark a New Era. The launch of spot Bitcoin ETFs has fundamentally changed how investors interact with the world’s…

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Beyond Bitcoin: The Broader Blockchain Opportunity. Hiesboeck also emphasized that the distinction between Bitcoin and “altcoins” is becoming…

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The Bottom Line. Bitcoin’s original believers — the OGs — helped build the foundation of the crypto ecosystem.

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Long-term Bitcoin holders are starting to move their assets into exchange-traded funds (ETFs), seeking tax efficiency and diversification. According to Dr.

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In a recent post, Hiesboeck explained that several long-term Bitcoin holders are selling their holdings to take advantage of the tax benefits offered by Bitcoin ETFs in the…

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“There are several reasons why OG crypto holders are selling,” he said. “The first is to buy them back in the form of ETFs, which offer incredible tax advantages under current U.S.

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Unlike direct Bitcoin ownership, ETFs are structured financial products that can provide certain investors — especially institutional and high-net-worth individuals — with easier…

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Another reason for this shift, Hiesboeck noted, is the growing realization that blockchain technology — not just Bitcoin — represents the broader revolution in finance and data…

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“The second reason,” he added, “is that many have realized the real revolution isn’t Bitcoin alone but blockchain, which is now being used across multiple industries.

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This view reflects a wider trend among early adopters, many of whom are now exploring investments in sectors like decentralized finance (DeFi), tokenized assets, and blockchain…

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Recent on-chain data supports this trend. Blockchain analytics firm Lookonchain reported that early Bitcoin arbitrage trader Owen Gunden recently moved his remaining 11,000 BTC…

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