Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit
Bitcoin Magazine
Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit
One of the biggest Bitcoin security stories of the year unfolded last week as a firmware exploit affecting certain Coldcard hardware wallets renewed industry debate around self-custody and operational security.
At the same time, another story was developing in the background.
Over the same seven trading days, U.S. spot Bitcoin ETFs attracted $790.6 million in net inflows, according to the Bitcoin For Corporations ETF Dashboard. More than $1.0 billion entered the funds while $212.7 million exited, resulting in one of the strongest weekly periods in recent months.
The two developments are not necessarily related. ETF flow data cannot tell us why investors bought Bitcoin. What it does tell us is what they actually did. And during a week dominated by security headlines, institutional capital continued flowing into regulated Bitcoin investment products.
One Red Day Didnโt Change the Trend
The seven-day flow chart tells a simple story. There was one notable setback.
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