In a recent announcement, Mt.Gox revealed plans to initiate compensation for BTC and BCH in July. The company holds Bitcoin worth approximately 9 billion USD. According to Eric Balchunas, a senior ETF analyst at Bloomberg, this amount is equivalent to more than half of the inflow of Bitcoin ETFs being offset.
Bloomberg Analyst MtGox Bitcoin Entering the Market Equivalent to Over Half of ETF Inflows Being Offset
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Bloomberg Analyst MtGox Bitcoin Entering the Market Equivalent to Over Half of ETF Inflows Being Offset