Bitcoin ETFs Attract $1B in Weekly Inflows After Coldcard Hack Drains $116M

BTC0.84%

According to Bloomberg ETF analyst Eric Balchunas, US spot Bitcoin exchange-traded funds pulled in roughly $1 billion in net inflows over the past week, marking their strongest weekly performance since April.

The inflows followed the Coldcard hardware wallet breach. Earlier this month, attackers exploited a firmware flaw to drain approximately 1,816 Bitcoin worth $116 million from over 5,200 addresses beginning July 30, according to Galaxy Research blockchain analysis.

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