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Ten and a half years after filing for bankruptcy, Mt. Gox is finally set to disburse 142,000 Bitcoin worth nearly $9 billion to creditors between July and October.\xa0\nMarket concern has been growing over the potential impact on Bitcoin prices, but Alex Thorn, head of research at Galaxy, explains why only a small fraction of those bitcoins will be sold. He also discusses the implications of this redistribution on the market, the potential success of Ethereum ETFs, and the chances of a Solana ETF approval.\nShow highlights:\n\n00:00 Intro\n\n02:04 Why Alex estimates the amount of bitcoins that creditors sell will be a tiny fraction of the 142,000 to be repaid\xa0\n\n13:35 What market shocks could arise from Mt. Gox creditors receiving billions in Bitcoin, and why he believes Bitcoin Cash is the real wild card\n\n18:18 Whether Ethereum ETFs could be as successful as Bitcoin ETFs in attracting investors\n\n23:06 Whether potential outflows from Grayscale's Ethereum Trust will dampen the excitement around Ethereum ETFs\n\n25:07 How the combination of Mt. Gox repayments, Ethereum ETFs, and German and American government Bitcoin sales might affect crypto prices\n\n27:32 The chances the SEC approves a spot Solana ETF\n\n\nVisit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com\nThank you to our sponsors!\n\niTrustCapital\n\nPolkadot\n\nGuest\n\n\nAlex Thorn, head of research at Galaxy\n\nPrevious appearance on Unchained: How Much Money Will Flow Into Bitcoin ETFs? Here\u2019s One Projection\n\n\nLinks\nMt. Gox.\n\nUnchained: Crypto Market Sees $300 Million Liquidated as Bitcoin Briefly Drops Below $59,000\n\n\nCoinDesk: Mt. Gox to Begin Repayments in July\n\n\nGovernments selling:\n\nUnchained: US Government Sends $241 Million in Bitcoin to Coinbase: Arkham\n\n\nCointelegraph: German gov\u2019t offloads 900 Bitcoin, 400 BTC sent to Coinbase and Kraken\n\n\nSolana ETF\nReuters: Investment manager VanEck files to list first spot Solana ETF in US | \nLearn more about your ad choices. Visit megaphone.fm/adchoices