Bitcoin ETFs log inflows as cold wallet hack reignites custody debate

US-listed spot Bitcoin exchange-traded funds (ETFs) are attracting fresh capital as a high-profile cryptocurrency custody incident puts renewed focus on digital asset security.Spot Bitcoin ETFs recorded $211.5 million in net inflows on Tuesday, adding to Monday’s $170 million, according to data from SoSoValue.The inflows came as the ongoing Coldcard hack drew attention from analysts, with Galaxy Research estimating that the attack may have affected as many as 7,300 addresses and resulted in about $130 million in suspected Bitcoin (BTC) losses from users of the hardware wallet.The developments have renewed a long-running debate in crypto over whether institutional custody solutions offered through regulated financial products could become more attractive as investors weigh the risks and responsibilities of self-custody.Galaxy ETF returns to inflows as Bitcoin funds reboundBlackRock’s iShares Bitcoin Trust (IBIT) led the ETF recovery, recording $111 million in inflows on Monday and $170 million on Tuesday, according to Farside Investors data. Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed, adding about $33 million and roughly $20 million on the respective days.Invesco Galaxy Bit...