Family offices that previously allocated to Bitcoin and Ethereum are increasingly converting their BTC holdings into the iShares Bitcoin Trust (IBIT) or liquidating crypto positions entirely in favor of physical gold and traditional assets, according to Du Jun. The shift follows a series of centralized exchange thefts and cold-wallet supply-chain security incidents that have eroded confidence among institutional investors.
Du Jun revealed on X that he struggled to advise these family offices on alternative custody solutions, stating that no viable workaround appears available amid the ongoing security vulnerabilities plaguing self-custody and exchange-based storage methods.
Du Jun: Family Offices Shift from BTC to IBIT or Physical Gold Amid Security Concerns
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