Du Jun: Due to frequent security incidents, many family offices have converted BTC to IBIT, and even liquidated to buy physical gold

Du Jun posted on platform X, stating that family offices that were advised to allocate BTC and ETH years ago, after experiencing theft from centralized exchanges and security incidents in cold wallet supply chains, have all converted their BTC into IBIT, and some have sold their crypto assets to buy physical gold and other traditional assets.

Du Jun expressed that he does not know how to persuade these family offices, and currently, there seems to be no solution.