Coldcard Hack Sparks Demand for Regulated Bitcoin Exposure
An exploit in the Coldcard wallet has raised concerns about security and potentially increased demand for regulated Bitcoin exposure, analysts say.
Cantor sees a positive read-through for crypto custody providers, while FRNT notes that the breach could drive some investors toward Bitcoin ETFs.
The Coldcard hack exposed a five-year-old firmware flaw and has sparked a self-custody security overhaul in the industry.