Exchanges· ★★★· bearish·

Du Jun: family offices are swapping BTC for IBIT and physical gold after exchange hacks

  • —Du Jun described family-office capital rotating from BTC into IBIT and gold
  • —He cited exchange breaches and cold-wallet supply-chain risks as the trigger
  • —Some funds sold crypto assets outright for traditional holdings
  • —Du Jun said he sees no way to bring that capital back into crypto
Why it matters: Capital leaving self-custody and CEX exposure for ETFs and gold signals eroding institutional trust after repeated security failures.
Source: ChainCatcher 链捕手