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$116M Wallet Hack Sparks Self-Custody Fears Amid ETF Inflows

Guavy AI Editorial Team
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BTC
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A recent $116 million Bitcoin wallet exploit has reignited the debate about self-custody versus using regulated products. The incident involved a Coldcard-linked hardware wallet and highlighted concerns about custody risk.

Meanwhile, US spot Bitcoin ETFs have seen strong inflows, with approximately $1 billion in net inflows for the week. This is one of the strongest periods since October, according to Bloomberg analyst Eric Balchunas.

Riot Platforms is reportedly working on a large compute arrangement tied to its Bitcoin mining infrastructure, underscoring the value of reliable power availability in AI data center buildouts.

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