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. Market 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.Show highlights:Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.comThank you to our sponsors!iTrustCapitalPolkadotGuestAlex Thorn, head of research at GalaxyPrevious appearance on Unchained: How Much Money Will Flow Into Bitcoin ETFs? Here’s One ProjectionLinksMt. Gox.Unchained: Crypto Market Sees $300 Million Liquidated as Bitcoin Briefly Drops Below $59,000CoinDesk: Mt. Gox to Begin Repayments in JulyGovernments selling:Unchained: US Government Sends $241 Million in Bitcoin to Coinbase: ArkhamCointelegraph: German gov’t offloads 900 Bitcoin, 400 BTC sent to Coinbase and KrakenSolana ETFReuters: Investment manager VanEck files to list first spot Solana ETF in US | Learn more about your ad choices. Visit megaphone.fm/adchoices