TaxBit

We're excited to share that Aaron Jacob, VP of Enterprise Accounting Solutions at TaxBit has been featured in The CPA Journal. Aaron underscores the critical need for early adoption of new digital asset accounting standards and highlights the significant risks associated with delaying implementation until the effective date. Read the full article 👉 https://ow.ly/xgt250SL1FA #DigitalAssets #Crypto #Accounting

Last Chance to Register! Join us on tomorrow, July 30th at 1:00 PM ET for KPMG's TaxWatch Webcast featuring TaxBit's VP of Tax Solutions, Erin Fennimore. Gain valuable insights from Erin and industry experts from Gemini and KPMG as they discuss the latest U.S. Treasury and IRS regulations and their impact on custodians, wallet providers, and PDAPs. Don't miss this chance to stay informed and earn 1.5 CPE credits! Register Today 👉 https://ow.ly/miWp50SJnli #TaxReporting #DigitalFinance

TaxBit is honored to be recognized as a finalist in the Best Tax Compliance Solution category for the RegTech Insight Awards! Please take a moment to support TaxBit by voting for us before September 13th. 👉 Vote now: https://ow.ly/Eqrt50SHgY2 #TaxCompliance #RegTechAwards

Join the TaxBit Growth Team! 🚀 We're expanding and looking for driven Business Development Representatives and Enterprise Account Executives to help drive our future growth. If you're highly motivated and ready to make an impact, we want to hear from you! Apply today 👉 https://ow.ly/6jhx50SIBVs #Hiring #JoinOurTeam

Ethereum ETFs have arrived. And the numbers are impressive. 📈 Day 1 trading volume: $1 billion ⤵️ Net inflows: $108 million At first glance, this seems modest compared to Bitcoin ETFs' $4.7 billion volume and $655 million inflow. But here's the key insight: Excluding Grayscale conversions, ETH flows were 79% of BTC's day-one performance. Why the difference? ETHE (Grayscale's Ethereum Trust) was already trading at NAV before conversion. This led to larger initial outflows ($484M) compared to GBTC ($95M). Bottom line: ETH ETF demand surpassed expectations. Here's why this matters: 1. Institutional validation: ETH ETFs offer a familiar vehicle for traditional finance exposure. 2. SEC comfort growing: Approval signals increased regulatory acceptance. 3. Resilient price action: ETH price held steady despite outflows, suggesting strong demand. 4. Ecosystem maturity: Ethereum's diverse use cases attract investors beyond "digital gold." 5. Market efficiency: ETFs enhance price discovery and liquidity, benefiting the entire ecosystem. The floodgates are open. Wall Street now has direct exposure to the world's largest smart contract platform, in addition to BTC. As blockchain reshapes finance, accounting must evolve too. Is your company prepared for the future of digital assets?

👋 Bitcoin 2024 Day 2! Meet the TaxBit team at Booth E602 to chat tax, accounting, and crypto. Grab some merch and a demo of our solutions. Don't miss our VP of Enterprise Accounting Solutions, Aaron Jacob today at 10:30 AM on the Enterprise Stage. He will be moderating the "Demystifying Accounting in the World of Bitcoin" panel featuring experts from BitGo, Gemini, CleanSpark, and Grant Thornton (US). Join us tonight from 5:00 - 7:00 pm CDT for the Bitcoin 2024 Networking Meetup with Luxor Technology, Texas Blockchain Council, Asic Master and EZ Blockchain. Get tickets 👉 https://ow.ly/kcYM50SKp8E #BTC2024 #BTCNashville

TaxBit's CEO Lindsey Argalas recently joined Chainalysis' Public Key podcast to discuss the future of web3 and digital asset management. Don't miss Lindsey's insights on: 🔹 Challenges for financial institutions holding crypto. 🔹 Upcoming IRS and MiCA regulations. 🔹 Tax implications of real-world asset tokenization. Listen now: https://bit.ly/3Y6ITl0 #CryptoCompliance #DigitalAssets #Blockchain

Don't miss out! TaxBit's VP of Tax Solutions, Erin Fennimore will speak on KPMG's TaxWatch Webcast, "Navigating the Latest Digital Asset Tax Reporting Regulations." 📅 Tuesday, July 30th ⏰ 1:00 - 2:30 pm ET 🔷 Earn 1.5 CPE Credits Erin will join experts from Gemini and KPMG to provide insights into the new U.S. Treasury and IRS regulations and their impact on custodians, wallet providers, and PDAPs. Save your spot: https://ow.ly/M6ir50SJm8n #TaxCompliance #DigitalFinance

Integration Insights: TaxBit 🤝 Ethereum Unlock the Power of Decentralization with Ethereum! TaxBit's integration with Ethereum, revolutionizes financial operations across DeFi, NFTs, and DApps. Explore how Ethereum can drive innovation and growth for your organization. Discover: https://lnkd.in/ejwFtNZ6 #Ethereum #Blockchain #DeFi #NFT

Join TaxBit's VP of Tax Solutions, Erin Fennimore, on Tuesday, July 30th at 1 PM ET for KPMG's TaxWatch Webcast. Erin will be joined by Jill Dymtrow (Gemini), Nelson Suit, and Lani C. (KPMG) as they dive into "Navigating the Latest Digital Asset Tax Reporting Regulations". Learn about the new U.S. Treasury and IRS regulations and their impact on custodians, wallet providers, and PDAPs. Plus, earn CPE credits for attending! Register now: https://ow.ly/ykq150SICFI #TaxReporting #DigitalAssets