BlackRock Flags Quantum Computing as Risk to Bitcoin ETF Security

1 month ago 7

Rommie Analytics

The firm warns that if quantum computing technology advances significantly, it could undermine the cryptographic foundation of the Bitcoin network.

The filing states that “there is a risk that quantum computing could result in the cryptography underlying the Bitcoin network becoming ineffective,” potentially allowing malicious actors to breach wallets — including those containing institutional BTC funds.

This is one of the first times a major Bitcoin ETF filing has openly acknowledged the threat posed by quantum advancements. If realized, such risks could lead to substantial losses for shareholders and disrupt trust in Bitcoin’s long-term security model.

The mention has stirred concerns across the crypto space, underscoring the need for post-quantum cryptographic solutions as a growing priority.

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