Marathon CEO: The impact of Bitcoin spot ETF approval has been reflected in BTC price performance in advance

Cointime2024/04/10 09:59

By: Cointime

On April 10th, CEO of Marathon Digital Holdings Inc., a US-listed mining company, Fred Thiel, stated in an interview: "I believe the approval of the Bitcoin spot ETF for listing has achieved tremendous success, attracting funds and essentially bringing forward the rising trend that should have appeared three to six months after the halving."

He also said: "This halving event will reduce Bitcoin's supply by about 450 coins per day, which may have some minor impact on the price. As a Bitcoin mining company, we are very excited about the upcoming halving, and this time the price did not drop before the halving, but instead rose. So everyone is obviously maximizing this point."

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Marathon CEO: The impact of Bitcoin spot ETF approval has been reflected in BTC price performance in advance

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