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After the Coldcard hack, U.S. spot BTC ETFs saw about $854M weekly net inflows the strongest week since April. I don’t think this is just “bullish ETF demand.” It also shows a trust rotation. Some investors still want Bitcoin exposure, but after custody scares, they may prefer regulated ETF rails over managing private keys themselves. The key question now: Is BTC being accumulated for conviction, or is risk simply moving from self-custody to institutions? #CPIToResetFedBets #AIMemorySelloffEases #BTCETHETFInflowsReturn $BTC $ETH

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