The Pearl Fund Launches $500M Bitcoin Investment Fund with Zero Capital Gains Tax
NEW YORK--(BUSINESS WIRE)-- The Pearl Fund, a pioneering investment firm that launched the nation's first Opportunity Zone Business (OZB) fund and remains the industry leader in OZB investing, today announced the launch of the Pearl Bitcoin Fund (Pearl BTC)—a $500 million investment vehicle that eliminates capital gains tax on Bitcoin investments.
"Bitcoin's biggest problem is capital gains tax. We've solved that." —Brian P. Phillips, Managing Partner, The Pearl Fund
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Led by Managing Partner Brian P. Phillips, a Forbes-ranked top 10 Opportunity Zone investor, the Pearl Bitcoin Fund combines the proven tax advantages of OZ investing with the significant growth potential of Bitcoin, enabling accredited, patient investors to eliminate long-term capital gains taxes on what has been the best-performing asset class of the past decade.
'One of Bitcoin's biggest problems is capital gains tax. We've solved that,' said Phillips. 'By applying our expertise in OZ regulations to Bitcoin investing, we've created a solution that lets investors harvest tax-free Bitcoin growth after a 10-year hold period.'
Pearl BTC solves a major problem for Bitcoin investors: the tax burden when selling appreciated Bitcoin. With the Fund, investors who have recently realized capital gains can invest those gains into the Fund and defer taxes until 2026. The key benefit comes after holding for 10 years—investors can then withdraw their investment growth completely tax-free, something no other Bitcoin investment option offers, including the new Bitcoin ETFs.
'Pearl Bitcoin Fund creates access to attractive tax benefits while maximizing investment exit controls in the hands of its investors rather than the Fund manager," added Paul Saint-Pierre, Chief Compliance Officer at The Pearl Fund. 'With the federal Opportunity Zone program scheduled to sunset at the end of 2026, Bitcoin-affinity investors, with an eye towards long-term tax and cash planning, should act now rather than adopt a 'wait and see' posture regarding pending federal tax legislation.'
Institutional-Grade Security & Compliance
Unlike speculative crypto funds, the Fund's Bitcoin investment holdings are audited and backed by institutional custodians. Additionally, the Fund's regulatory compliance program provides investors with the security and transparency needed for confident long-term Bitcoin investment.
Additional benefits of the Pearl Bitcoin Fund include:
Zero capital gains tax through tax year 2047 after satisfying the 10-year hold requirement
A straightforward "buy and hold" strategy focused on long-term value creation
Generational wealth transfer benefits with no change in tax basis for inherited investments
Build Generational Wealth, Tax-Free
'This isn't just another fund—it's potentially a game-changer for serious Bitcoin investors looking to build generational wealth,' Phillips added.
Pearl BTC is available exclusively to accredited investors with a minimum investment of $250,000. The Fund leverages The Pearl Fund's established expertise in OZ investing, combined with Phillips' early adoption of Bitcoin dating back to 2013.
The timing is particularly significant as the Opportunity Zone program is scheduled to conclude at the end of tax year 2026, creating additional urgency for investors seeking these unique tax benefits.
For more information, contact invest@thepearl.fund.
About The Pearl Fund
The Pearl Fund is a pioneering investment firm that combines the proven benefits of Opportunity Zone investing with high-growth assets. As the first and most recognized Opportunity Zone Business (OZB) fund, The Pearl Fund has helped investors unlock tax-free wealth creation through structured, long-term investments. The Pearl Fund was founded by Brian P. Phillips, a seasoned investor ranked in the top 10 OZ fund managers by Forbes. Visit https://www.thepearl.fund for more.
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