Crypto

Coldcard Hack Fuels Push for Spot Bitcoin ETFs

Guavy AI Editorial Team Published August 11, 2026

Instruments

BTC

BlackRock's head of digital assets, Robert Mitchnick, discussed the surge in demand for crypto ETFs on Bloomberg's 'ETF IQ'.

A recent hack of thousands of Coldcard wallets has compromised over $130 million worth of Bitcoin, casting doubt on self-custody methods among investors.

This incident may strengthen the case for spot Bitcoin ETFs, which allow investors to buy and hold a basket of cryptocurrencies without directly handling them.

The Wire

Keep reading for free.

You've read 3 free articles in the last 24 hours. Create a free account for unlimited access, no card required.

Create free account Already have an account? Sign in

No spam. Unsubscribe anytime.

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

Terms Privacy Policy