US spot Bitcoin ETFs attracted roughly $1 billion in weekly inflows, their strongest showing since April, following the $116 million Coldcard hack.

Are investors be moving their funds from cold storage to Bitcoin exchange-traded funds managed by the likes of BlackRock following the massive Coldcard exploit?

US spot Bitcoin ETFs attracted about $620 million after the Coldcard wallet hack, though Bloomberg’s Eric Balchunas says any connection remains unproven.