Eric Balchunas: Oldcard security incident may drive investors to turn to Bitcoin ETF

Bloomberg ETF analyst Eric Balchunas said that the Coldcard security incident may prompt investors to turn to Bitcoin ETFs, and traditional financial institutions' experience in asset custody is becoming a new selling point for trust. Eric Balchunas believes that compared to Canadian companies with only five employees, large financial institutions are more likely to gain the trust of some investors in asset custody, risk management, and security systems.