Bitcoin ETF Inflows Surge to $620M Amid Custody Concerns
Investors have been pouring into US spot Bitcoin ETFs since the recent Coldcard hack, with inflows reaching about $620 million. This surge in interest has reignited the debate over custody and security in the crypto space.
No direct link between the hack and the influx of funds has been proven by analysts, but the event has certainly raised awareness about the importance of secure storage for digital assets.
The Coldcard hack is a recent example of the risks involved with storing private keys online. The incident highlighted the need for better security measures in the crypto industry.