Five Bitcoin ETFs See $620M Inflows After Coldcard Hack

Major Bitcoin ETFs including IBIT and FBTC recorded $620M in net inflows following the Coldcard security incident, highlighting a potential shift toward institutional custody solutions.

Woofun AI reports that five major Bitcoin ETFs, including iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), have accumulated approximately $620 million in net inflows over consecutive days following the Coldcard wallet security incident. While a direct causal link remains unconfirmed, analysts suggest that concerns regarding self-custody security may be driving capital toward products managed by established financial institutions. Market observers note that institutional custody and mature risk-control systems are becoming increasingly attractive to investors compared to small wallet vendors, reinforcing the competitive advantage of traditional finance entities in the digital asset space.