Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit
Bitcoin Magazine Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit One of the biggest Bitcoin security stories of the year unfolded last week as a firmware exploit affecting certain Coldcard hardware...
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Here is the latest from the digital-asset markets: Bitcoin Magazine Bitcoin ETFs Add Nearly $800 Million in the Wake of Coldcard Exploit One of the biggest Bitcoin security stories of the year unfolded last week as a firmware exploit affecting certain Coldcard hardware wallets renewed industry debate around self-custody and operational security. At the same time, another story was developing in the background. Over the same seven trading days, U.
spot Bitcoin ETFs attracted $790. 6 million in net inflows, according to the Bitcoin For Corporations ETF Dashboard. 0 billion entered the funds while $212.
Market Dynamics
7 million exited, resulting in one of the strongest weekly periods in recent months. The two developments are not necessarily related. ETF flow data cannot tell us why investors bought Bitcoin.
What it does tell us is what they actually did. And during a week dominated by security headlines, institutional capital continued flowing into regulated Bitcoin investment products. One Red Day Didn’t Change the Trend The seven-day flow chart tells a simple story.
There was one notable setback. spot Bitcoin ETFs recorded $212. 7 million in net outflows, the only negative session during the period.
Market Impact
After that, buyers returned almost immediately. The next four trading sessions posted consecutive gains: Aug. 4M By the end of the week, the positive days had more than offset the lone selloff.
Instead of focusing on individual trading sessions, the seven-day view shows where capital ultimately moved—and during this period, it moved into Bitcoin. BlackRock Continued to Lead the Way As has been the case for much of the ETF era, BlackRock’s IBIT accounted for the majority of inflows. Over the seven-day period: IBIT attracted $757.
5 million in rolling net inflows. It extended its streak to four consecutive inflow days. On the latest trading day alone, it added $128.
Crypto markets are watching this development closely as investors weigh its potential impact on prices.
