BTCW
WisdomTree Bitcoin Fund
stock BATS ETF

Can't speak to the German tax side of things but I've been looking at BTCW myself through a different broker. The physical backing should technically qualify it as a private disposal but man, tax authorities can be weird about ETPs even when they have redemption clauses

Might be worth checking with a German tax advisor who actually deals with crypto stuff rather than relying on what Scalable tells you - they're probably just covering their arse legally

I'm considering purchasing BTCW (GB00BJYDH287) via Scalable Capital. It's a physically-backed ETP with a redemption option in its prospectus, but Scalable doesn't offer redemption.
Does this still qualify as a private disposal under German § 23 EStG, making gains tax-free after 12 months? Scalable says they can't confirm—the issuer determines the tax treatment.
***Has anyone here sold BTCW through Scalable after 1+ year and had the tax exemption applied?***

Can't speak to the German tax side of things but I've been looking at BTCW myself through a different broker. The physical backing should technically qualify it as a private disposal but man, tax authorities can be weird about ETPs even when they have redemption clauses

Might be worth checking with a German tax advisor who actually deals with crypto stuff rather than relying on what Scalable tells you - they're probably just covering their arse legally

I'm considering purchasing BTCW (GB00BJYDH287) via Scalable Capital. It's a physically-backed ETP with a redemption option in its prospectus, but Scalable doesn't offer redemption.
Does this still qualify as a private disposal under German § 23 EStG, making gains tax-free after 12 months? Scalable says they can't confirm—the issuer determines the tax treatment.
***Has anyone here sold BTCW through Scalable after 1+ year and had the tax exemption applied?***