Matt Hougan, CIO of Bitwise Asset Management, suggests the crypto winter may be at its bottom, arguing that events like the Coldcard wallet hack could strengthen the case for spot Bitcoin ETFs by reducing confidence in self-custody.

U.S. spot Bitcoin exchange-traded funds (ETFs) have recorded a $231 million outflow, with IBIT alone shedding $300 million, indicating a significant shift in investor sentiment.

Investors have pulled roughly $4.3 billion out of spot bitcoin ETFs in the past five weeks, according to Dow Jones Market Data.

Spot Bitcoin Exchange-Traded Funds (ETFs) have recorded their strongest weekly inflows since April, following a recent Coldcard hack, indicating renewed investor interest.

An article compares IBIT and FBTC, two spot Bitcoin Exchange Traded Funds, to help investors decide which one might be a better holding for their cryptocurrency investments.

Spot Bitcoin Exchange-Traded Funds have registered their third straight week of capital inflows, though the report notes there is a specific caveat to this trend.

Spot Bitcoin ETFs have recorded substantial outflows, totaling $1.42 billion, as investor sentiment shifts to risk-off. This trend has led to year-to-date flows for Bitcoin funds turning negative, with XRP ETFs showing some inflows in contrast.