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Bloomberg Analyst: If All Mt. Gox Bitcoins Were to Come to Market, More Than Half of ETF Inflows Would Be Eliminated

Bloomberg Analyst: If All Mt. Gox Bitcoins Were to Come to Market, More Than Half of ETF Inflows Would Be Eliminated

Bitget2024/06/24 12:51

According to Eric Balchunas, a senior ETF analyst at Bloomberg, in a post on the X platform, this amount of money would be equivalent to more than half of bitcoin's ETF inflows being offset.

Mt. Gox disclosed today that it intends to initiate BTC and BCH compensation in July for its bitcoin holdings, which are worth about $9 billion.

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