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This news is undoubtedly a positive sign for BlockFi's customers and unsecured creditors.Mr. Mohsin Y. Meghji's decision demonstrates a high level of respect and responsibility for the rights and interests of his customers, and by selling the claims against FTX and committing to 100% payout, not only does it provide a substantial solution for affected users, but it also marks an important milestone in the liquidation of BlockFi. It also marks an important milestone in BlockFi's liquidation process.
The nine U.S. bitcoin ETFs increased their holdings by a total of 5,518 bitcoins on July 22, valued at about $368.67 million. Among them, Fidelity increased its holdings by 2,099 bitcoins, valued at about $140.23 million, and currently holds 180,689 bitcoins worth about $12.07 billion, while Grayscale decreased its holdings by 366 bitcoins, valued at about $24.46 million, and currently holds 271,794 bitcoins worth about $18.16 billion.