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Mt. Gox Could Benefit Ethereum Upon Spot ETF Launch, Insider Claims, Here's How

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Insider Colin Wu reveals how current Mt. Gox situation can help spot Ethereum ETFs gain traction on market this year

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QCP: Uncertainty about potential Mt Gox BTC supply hitting the market by October could hinder BTC, potentially benefiting ETH upon the launch of the ETH Spot ETF. The desk observes bullishness in ETH, with sizeable buyers of 4k/5k ETH Call Spreads for end June 2024.

 

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