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TRX Reddit user says ETF custody preferable after wallet and exchange security scares
A Reddit user on r/Bitcoin said they are comfortable holding IBIT through BlackRock after citing Coldcard and Ledger security scares and a Binance incident. The poster argued the biggest risk is believing a cold wallet makes you invincible, and said they sleep peacefully letting BlackRock handle custody.
Why “Rumor”
- Only community or trader posts: r/Bitcoin
0 independent source groups across 1 post · evidence score 9/100. How labels work
What the sources claim
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The poster says Coldcard and Ledger security scares, plus a Binance incident, led them to prefer ETF custody.
“After the Coldcard and Ledger security scares, and now the Binance incident”
r/Bitcoin -
The poster says they are happy to let BlackRock handle custody while holding IBIT.
“I’ll happily let BlackRock worry about custody while I sleep peacefully holding IBIT”
r/Bitcoin -
The poster argues the biggest risk is thinking a cold wallet makes you invincible.
“it’s thinking your cold wallet makes you invincible”
r/Bitcoin
Sources
More in Hacks & Security
Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-31 07:20 UTC. Labels are computed from the sources, not by the model.