Bitcoin inflows reach a four-month high, hacker incidents shake holders' confidence.
The Bitcoin exchange-traded fund listed in the United States recorded its strongest weekly inflow of funds since April, attracting over $850 million last week. This surge in inflows comes on the heels of reports that a security vulnerability was found in the Coldcard wallet manufactured by Canadian company Coinkite, following the revelation of a theft involving approximately $130 million in Bitcoin. This hacking incident has led some analysts to believe that investors may be turning to regulated crypto products on Wall Street, viewing them as a more attractive option.
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