Security· ★★★· neutral·

Hardware wallet vulnerabilities push investors toward Bitcoin ETFs

  • —Plan B confirmed his 2025 move into Bitcoin ETFs and said he has no regrets
  • —Estimated potential losses from hardware implants in wallets exceed $86 million
  • —21Shares co-founder Snyder: large investors have shifted assets to ETFs for years for security
  • —Adam Back: hardware wallets remain reliable, but makers need stronger threat modeling
Why it matters: The Ledger and Coldcard scandal strengthens the case for ETFs and could accelerate capital flows out of self-custody into funds.
Source: CryptoHamster