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Bitcoin Watch: Crypto Biz: Bitcoin’s $116M self-custody wake-up call

Bitcoin Watch

Today’s brief covers Crypto Biz: Bitcoin’s $116M self-custody wake-up call; BlackRock's Bitcoin ETF IBIT Sheds $528M, Its Second-Worst Day Ever - Yellow.com.

Jimi Fitz • • 1:23 listen • 173 words

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This is Crypto Fitz Breef with your Bitcoin Watch. A major wake-up call just hit the Bitcoin self-custody space — a $116 million wallet exploit. That’s a big red flag on security, especially as institutional interest via spot Bitcoin ETFs is rebounding. This incident puts real pressure on how market participants think about holding BTC safely outside exchanges. Keep an eye on how custody solutions evolve because trust here drives demand.

On the ETF front, BlackRock’s Bitcoin IBIT fund suffered a $528 million loss, marking its second-worst trading day ever. This shakeup hints at how volatile institutional flows can be, even with major players involved. The practical takeaway: ETF performance still impacts Bitcoin’s broader market confidence and liquidity.

Watch next for updates on whether ETF inflows stabilize or continue to swing. That’s the pulse that often sets the tone for Bitcoin price moves and institutional appetite.

This Crypto FITZ Breef is brought to you by "NuLeaf Marketing" taking you into the digital marketing future.

That wraps your Bitcoin Watch. I’m Crypto Fitz Breef.

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Crypto Fitz BreefcryptoBitcoin Watchbitcoinetfinstitutionsregulationmacrominingcustodypaymentscrypto_newsetf_institutions

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About the Author

Jimi "FITZ" Fitzgerald is a media powerhouse with a lifetime at the intersection of entertainment and innovation. A true multi-hyphenate, he is an accomplished Recording Artist and Performer known for his several albums, including the international smash "AUDIO/VIDEO," an MTV hit that also topped the charts in Italy.

FITZ's entertainment background is legendary. As a Radio and TV Personality, he was a voice for giants like Westwood One, Sony's SW Networks, ABC Radio, and NBC Radio. His resume extends behind the scenes as a TV Producer for NBCTV and Showtime Cable Net, a major concert promoter, and a Talent Agent at the prestigious APA, where he worked directly with icons like Rodney Dangerfield, Tony Bennett, and Tina Turner.

Today, FITZ applies his instinct for the "next big thing" to the financial revolution. He is the author of Why You Should Pay Attention to Bitcoin and Cryptos and host of "The Crypto FITZ Show," where he demystifies blockchain for the masses. Whether lecturing business students or breaking down ETFs, FITZ bridges the gap between Wall Street complexity and Main Street curiosity.

Join the revolution at CryptoFitz.com.

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