PANews reported on June 24 that in response to Mt. Gox’s disclosure today that it plans to start BTC and BCH compensation in July, Bloomberg senior ETF analyst Eric Balchunas commented that this is equivalent to more than half of the Bitcoin ETF inflows being offset.

Dune data shows that as of June 24, 2024, Mt. Gox trustees hold approximately 141,686 BTC, accounting for 0.72% of the circulating supply of Bitcoin, and is currently worth approximately US$8,862,813,555.