According to reporting from CoinTelegraph, US spot Bitcoin ETFs have seen significant inflows, with $382 million entering these funds over a two-day period.
This influx of capital comes as concerns over custody and secure storage of digital assets have resurfaced, prompted by a recent cold wallet hack.
The Coldcard incident, as it is known, has reignited the debate over how best to securely hold and manage cryptocurrencies, particularly for institutional investors who require robust security measures to protect their assets.
Galaxy's Bitcoin ETF is among those to have returned to gains amidst this renewed focus on custody, highlighting the ongoing interest in Bitcoin-based investment products despite the occasional setbacks and challenges the sector faces.