The Daily Hodl and Coinfomania both cover Bitcoin ETF inflows following the Coldcard hack, but give different figures for both the inflow total and the hack's losses.
What all sources agree on
- US spot Bitcoin ETFs saw inflows last week that marked the strongest weekly performance since April.
- The inflows followed a hack of Coldcard wallets.
- The Coldcard hack involved a firmware-related security breach.
Where the reports disagree
1Total weekly ETF inflows
US spot Bitcoin (BTC) exchange-traded funds (ETFs) pulled in roughly $1 billion of net inflows over the most recent week, following the Coldcard hack.
U.S. spot Bitcoin ETFs recorded over $850 million in inflows last week.
What would settle it: Official ETF issuer flow data or SEC filings aggregating net weekly creations/redemptions.
2Size of the Coldcard hack losses
Attackers drained approximately 1,816 Bitcoin worth $116 million from Coldcard wallets.
A $130 million hack of Coldcard wallets occurred.
What would settle it: On-chain transaction analysis of the affected addresses, such as the blockchain analysis referenced from Galaxy Research.
What to make of it
Treat the general trend—strong ETF inflows following a Coldcard wallet hack—as established, but the exact dollar figures for both the inflows and the hack losses are unresolved and should not be cited as precise until a primary source (ETF flow data or on-chain analysis) confirms one version.
Treat the general trend—strong ETF inflows following a Coldcard wallet hack—as established, but the exact dollar figures for both the inflows and the hack losses are unresolved and should not be cited as precise until a primary source (ETF flow data or on-chain analysis) confirms one version.