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

Fred Thiel, CEO of Marathon Digital Holdings Inc., a U.S.-listed mining company, said in an interview: "I think the approval of the Bitcoin spot ETF has been a huge success, attracting funds to enter the market and essentially promoting the rise that should have occurred three to six months after the halving." He also said: "This halving event will reduce the supply of Bitcoin by about 450 per day, which may have some small impact on the price. As a Bitcoin mining company, we are very excited about the upcoming halving, and this time the price did not fall before the halving, but rose. So everyone is obviously maximizing this." (Bloomberg)