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

ChainCatcher news, according to Bloomberg, Marathon Digital Holdings Inc. CEO Fred Thiel stated in an interview: "I believe the approval of the Bitcoin spot ETF has been a tremendous success, attracting capital into the market and essentially bringing forward the rally that would have occurred three to six months after the halving."

He also mentioned: "This halving event will reduce the daily supply of Bitcoin by about 450 coins, which may have a slight impact on the price. As a Bitcoin mining company, we are very excited about the upcoming halving, and this time the price has not decreased before the halving, but rather increased. So everyone is clearly maximizing this."