The Treasury Department and the Internal Revenue Service are likely to push off a January date for the firms to begin tracking data such as customers’ capital gains and losses.
Citadel Securities is investing in and developing its crypto product with help from Virtu Financial Inc., Charles Schwab Corp. and Fidelity Digital Assets.
The ProShares Short Bitcoin Strategy ETF (ticker BITI) launches Tuesday, becoming the first inverse exchange-traded fund in the US linked to the largest cryptocurrency.