Bitcoin ETFs see $1B inflows in a week, strongest since April amid Coldcard hack concerns
US spot Bitcoin ETFs attracted about $1 billion in inflows over a week, marking their best performance since April. This surge followed a major security breach in the Coldcard hardware wallet, which compromised over 5,200 wallets and raised doubts about self-custody safety. Investors shifted towards regulated Bitcoin ETFs with institutional-grade custody, led by BlackRock's iShares Bitcoin Trust, which alone drew $757.5 million. This trend highlights growing trust in regulated custody solutions over self-managed wallets.
US spot Bitcoin ETFs attracted about $1 billion in inflows over a week, marking their best performance since April. This surge followed a major security breach in the Coldcard hardware wallet, which compromised over 5,200 wallets and raised doubts about self-custody safety. Investors shifted towards regulated Bitcoin ETFs with institutional-grade custody, led by BlackRock's iShares Bitcoin Trust, which alone drew $757.5 million. This trend highlights growing trust in regulated custody solutions over self-managed wallets.
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