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ETFs Offer 'Trusted Vehicle' for Bitcoin: Mitchnick

Bloomberg Technology Monday 10 August 2026, 18:23 UTC 1 min read
Key Points

Aug 10th, 2026 ETFs Offer 'Trusted Vehicle' for Bitcoin: Mitchnick Robert Mitchnick, head of digital assets at BlackRock, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." Hackers have stolen more than $130 million worth of Bitcoin from thousands of supposedly secure cold wallets in recent days. The Coldcard wallet hack may strengthen the case for spot Bitcoin ETFs by undermining confidence in self-custody among investors.

Aug 10th, 2026 ETFs Offer 'Trusted Vehicle' for Bitcoin: Mitchnick Robert Mitchnick, head of digital assets at BlackRock, joins Isabelle Lee and Eric Balchunas on "Bloomberg ETF IQ." Hackers have stolen more than $130 million worth of Bitcoin from thousands of supposedly secure cold wallets in recent days. The Coldcard wallet hack may strengthen the case for spot Bitcoin ETFs by undermining confidence in self-custody among investors.
Bitcoin (ORG) Mitchnick Aug 10th, (PERSON) Mitchnick Robert Mitchnick (PERSON) BlackRock (ORG) Isabelle Lee (PERSON) Eric Balchunas (PERSON) Bloomberg ETF IQ (ORG) Coldcard (PERSON)
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