Bloomberg analyst: Mt.Gox Bitcoin entry is equivalent to offsetting more than half of ETF inflows
Mt.Gox disclosed plans to launch BTC and BCH compensation in July. According to Eric Balchunas, a senior ETF analyst at Bloomberg, the funds involved will offset more than half of the inflows of Bitcoin ETF. Earlier reports indicated that Mt.Gox currently holds 141,686 BTC, worth over $9.26 billion.
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Bitcoin ETF has a net inflow of 1,147 BTC today, while Ethereum ETF has a net outflow of 3,775 ETH
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