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2026-08-09 06:03:51 UTC

duende_satsero on Nostr: US spot Bitcoin ETFs just posted their best week since April with $1 billion in net ...

US spot Bitcoin ETFs just posted their best week since April with $1 billion in net inflows. Third-best week since last October.

Bloomberg's Eric Balchunas called it the third-best result since what Jordi Visser dubbed Bitcoin's "silent IPO" — that period where early holders sell into growing institutional demand, keeping the price contained despite millions flowing in.

The irony: this coincides with the Coldcard hack that stole $116 million in BTC. Some analysts suggest the incident could actually strengthen the appeal of ETFs among investors uncomfortable with self-custody.

What this confirms for me is that the distribution of Bitcoin from early hands to institutional hands is well underway. ETFs aren't just a financial product — they're changing who owns Bitcoin and how.

Do you think self-custody will lose ground to ETFs, or will personal sovereignty always be the preferred choice?

#Bitcoin #ETF #Investing #WallStreet


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