Bloomberg analyst: If all Mt. Gox bitcoins are released into the market, it would offset more than half of the ETF inflows
ChainCatcher news, Mt.Gox today announced plans to start BTC and BCH compensation in July, with the value of the Bitcoin it holds amounting to approximately $9 billion. In response to this news, Bloomberg senior ETF analyst Eric Balchunas stated that this offsets more than half of the inflows into Bitcoin ETFs.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.