[Du Jun: Some Family Offices Convert BTC to IBIT Due to Exchange and Cold Wallet Security Incidents; Others Switch to Physical Gold] According to DeepFlow TechFlow, on October 30th, Du Jun stated that some family offices that he recommended investing in BTC and ETH years ago have gradually converted their BTC to BlackRock Bitcoin Spot ETF (IBIT) after experiencing centralized exchange hacks and cold wallet supply chain security incidents. Some institutions have even sold their crypto assets directly and purchased traditional assets such as physical gold. He stated that it is currently difficult to find effective ways to persuade these institutions to continue holding crypto assets.