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Coldcard hack drives $382 million inflows to spot bitcoin ETFs over two days

Spot bitcoin exchange-traded funds recorded net inflows of $382 million over two days, as the Coldcard hardware wallet hacking incident again highlighted digital asset custody risks. Data showed net inflows of $170 million on Aug. 4 and $211.5 million on Aug. 5. BlackRock’s iShares Bitcoin Trust led the gains, while Fidelity’s Wise Origin Bitcoin Fund also attracted money. Debate over self-custody versus institutional custody resurfaced.