Cold card hacking, and the expected increase in demand for Bitcoin ETFs and custody services

Several Wall Street analyses have emerged, examining the potential impact of the hacking incident, which exploited a firmware vulnerability in Coldcard hardware wallets, on the Bitcoin custody and ETF markets. According to researchers, the hacking stemmed from a flaw in the wallet's firmware, and since July 30th, at least 1,816 Bitcoins, worth approximately $114 million, have been stolen from over 5,200 addresses. Investment bank Cantor assessed in a Wednesday client memo that this incident could have a positive ripple effect on publicly traded cryptocurrency companies associated with institutional adoption. Digital asset expert Nico Pasquariello..