Swan Introduces Real Bitcoin Exchange (RBX), a Structured Path from Bitcoin ETFs to Direct Bitcoin Ownership

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Swan Bitcoin has launched Real Bitcoin Exchange (RBX), a service that helps investors move from Bitcoin ETFs to direct, on-chain Bitcoin ownership. The offer targets holders of large ETF positions who want ownership benefits without incurring a taxable sale. Swan says RBX is structured to support tax-efficient exchange treatment where applicable and gives clients access to custody or self-custody options. The service also positions customers for Bitcoin-native use cases such as direct transfers, treasury holdings, and on-chain giving.

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