Bitcoin Exchange-Traded Funds (ETFs) have sold more Bitcoin than the remaining amount to be distributed by the defunct Mt. Gox exchange. The cumulative sell-offs from these ETFs now exceed the total Bitcoin yet to be reimbursed to creditors from the 2014 Mt. Gox bankruptcy, which involved the loss of 850,000 BTC due to a major hack. This development has diminished the anticipated market impact of the final Mt. Gox payout, which has been a longstanding source of bearish sentiment in the Bitcoin market.