Bloomberg Analyst: If All Mt. Gox Bitcoins Were to Come to Market, More Than Half of ETF Inflows Would Be Eliminated
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.
Trending news
MoreCrypto prices
More
