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Bitcoin and Ether ETFs Pull $1.1 Billion in Best Week Since April as Coldcard Hack Looms Over Self-Custody

U.S. spot Bitcoin and Ether exchange-traded funds attracted roughly $1.1 billion in net inflows during the week ended August 7, marking the strongest seven-day…

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Bitcoin and Ether ETFs Pull $1.1 Billion in Best Week Since April as Coldcard Hack Looms Over Self-Custody
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  • U.S. spot Bitcoin and Ether exchange-traded funds attracted roughly $1.1 billion in net inflows during the week ended August 7, marking the strongest…
  • Bloomberg analyst Eric Balchunas tied the inflow run to the Coldcard hardware-wallet exploit, noting that several Bitcoin funds have recorded daily…
  • The timing is striking. July closed as the weakest month for Bitcoin ETF flows in 2026, punctuated by a $265.4 million outflow on July 31 alone. The…

The episode revives a structural question: whether security failures in self-custody infrastructure will durably shift institutional preference toward regulated wrappers, or whether the current inflow streak simply reflects tactical allocation in a range-bound market. With Bitcoin stuck near the 200-week moving average and the Coldcard migration deadline still unfolding, the answer may hinge on whether next week's flows sustain without a price breakout.

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