Coldcard $116M Breach Drives Self-Custody Rotation

A $116M Coldcard security breach triggered a surge in new Bitcoin wallets (2.27M in a week) and pushed funds into ETFs as users flee self-custody. This is a defensive rotation, not new adoption, but it's boosting ETF inflows. A dormant whale moved 26.96 BTC after 12 years to a SegWit wallet, likely a security migration triggered by the breach.