It's normal as humans to always look for a better way to secure our funds if the one we think is good enough gives us doubt. Maybe, people have begin to think that Bitcoin ETF is safer since, you have who to hold if anything happens to your funds. No more trust on exchanges anymore because if they get hacked, your funds are gone.

But if it's true that it's because of the Coldcard hack, then these investors forget that they're not real bitcoin owners but part of the company shares. I will still prefer to be in self custody of my bitcoin. Investors should only learn to add passphrase to their seed phrase making it difficult to compromise their wallets.

Exactly this is simply for clickbait, I know it’s news like this that will be carried right now by them because they know it’s what the people wishes to look into. After the last dump of bitcoin to below $60000 in the early days of the month of July. The recovery has long been said to be followed up by inflows of ETF, so i don’t understand what the recent news is all about. Some ETF institutions already had made it clear that they are accumulating aggressively at this period and this was even before the coldcard saga.

But regardless if there is an inflows into ETF, let’s agree that it’s because of coldcard saga, then it’s normal it’s just the usual FOMO that some investors usually experience, if crisis hits custodial platforms they move to non custodial and then repeat same if places are switched. So it’s nothing new

From what I've seen, about 90% of that $626 million in fresh ETF inflows came from institutional investors. Like, hedge funds, asset managers, pension funds and high-net-worth accounts. Institutional demand has remained the primary driver of recent spot Bitcoin ETF inflows.

Do you know who typically uses Coldcard?
They're mostly hardcore cypherpunks and longterm HODLer who prefer Bitcoin self custody.
They're not the kind of people who would panic over a security flaw, dump their on chain BTC overnight, and switch to centralized ETF share.

I think the main reason behind this huge inflow of institutional funds was macroeconomic factors, such as the rumor of interest rate cuts and the increase in global liquidity. Not the Coldcard security issue. I don't see any meaningful connection between the two.

The cause of the inflow Not the Coldcard hack but if the coldcard hack news keep marinating at this level it is doing now I see it causing an inflow that is bigger and more stable than this.
But my question is after the Coldcard hack what makes buying Shares of the ETFs the strongest safe alternative that has see these companies get a huge fresh cash inflow.

Hahaha media utilizes clickbait in order for many people to click the article, if the media does not do that they will not get high traffic.
Bloomberg senior ETF analyst-said in the article, the flow of funds into the ETF is likely not from the ColdCard hack, which means the inflow into the ETF with large funds could be a large institution.
This kind of news often makes us think at the beginning that they no longer believe in self-custody, as if it were the wrong way.

I think they're just thinking that most of the ColdCard users, instead of moving the funds to a new wallet or sending them to an exchange they look for a much safer and legal way to save their holdings then ETFs are their best choice since ETFs strictly follow laws from the SEC.
But we don't have proof about that if those coldcard users move their funds to ETF, it's just an assumption.



Like I said, there's no proof that it came from ColdCard users who just moved their funds to ETF.
ETFs don't publicly disclose where their inflows come from, even revealing the identity of any retail investors. Everything are private and it's individual privacy.

For me, those inflows are just normal; we see them pumping daily, but compared to volume, they are still low vs. high outflows on the recent days.

You do not understand what is happening, it was Bloomberg that originally published it, but other other news also make it a news. They noticed that the ETF inflow is more than usual. The time the Coldcard vulnerability occurred and now, bitcoin almost have the same price or the price at that time is slightly more than now, but the inflow of the ETFs increased. Bloomberg have good analysts, also this is a fact that can be seen if you make your own analysis about it.

All 3 are irrelevant events.
The ups and downs are the normal fluctuations that we have been experiencing in the market for a while now since we are in a sideways market and possibly in an accumulation phase. So unless price breaks above a major resistance or breaks down below a major support, we cannot call it a significant ups and down that requires an analysis to find the related reasons for it.

The ETF thing is similar as well. I doubt it has anything to do with people being afraid of self-custody. In my opinion if they are afraid they should sell their bitcoins and go away not buy a centralized crap

We are going to see a lot more of this type of nonsense in the "news" for a while though since the Coldcard bug is the hot topic so everyone would try to connect it to something and seek their own agenda. I wouldn't be surprised if some shitcoin pumpers even used it as an excuse to pump some shitcoin saying something like "not affected by Coldcard hack" LOL

This is not supposed to be news because inflow happens normally but in order to make it trend, they have to attach the Coldcard hack. For those who are expressing pessimism anout Bitcoin, they have to check the charts to see that despite the fud flowing around, Bitcoin have just broken above $65k meaning that when some people are panicking, some are scooping more coins and consolidating on their position.