A total of nearly 41,000 BTC will be unlocked in July, and the NV (notional value) will be close to 1.4 billion U.S. dollars. The largest unlock will take place on July 18, when 16,240 BTC will be available because the six-month lock-up period for GBTC shares has been released.
Bitcoin has been trading sideways in the past few weeks, but with the unlocking of GBTC, this may change, and it is important to be prepared for volatility.
This is supposed to be a piece of good news that can lift the price of Bitcoin and the market as well, but so far nothing is happening and I guess we will have to wait for months just like all news of coming funds it takes time before it will have an impact in the market. so the possible months before we see the impact is probably the month of August onwards.