Bitcoin and Ether ETFs recorded $1.1B in inflows during their best week since April, with analyst commentary linking the surge to security concerns from the Coldcard wallet exploit.
Macro & Markets ·
Bitcoin and Ether ETFs experienced their strongest inflow week since April, drawing $1.1 billion in combined deposits. The surge occurred despite relatively low trading volumes during the period, suggesting concentrated investor interest rather than broad-based participation.
A Bloomberg analyst attributed the inflow momentum to the Coldcard wallet exploit, observing that Bitcoin-focused funds have pulled in deposits on a daily basis since the security incident. The connection between the hack and fund inflows suggests investors may be shifting assets to regulated ETF vehicles perceived as more secure than self-custodied solutions.
The sustainability of these inflows and whether they represent a temporary flight-to-safety response or signal sustained demand for institutional exposure remain unresolved. The role of other concurrent market factors beyond the Coldcard incident has not been detailed.