Serious BlackRock Bitcoin Warning Fuels ‘Disaster’ Fears As The Price Suddenly Dives
- BlackRock updated its iShares Bitcoin ETF filing on May 9, 2025, to highlight quantum computing risks to Bitcoin's network security.
- This disclosure reflects concerns that emerging quantum technology could undermine cryptographic algorithms safeguarding Bitcoin and other digital assets.
- BlackRock's IBIT ETF, holding about $64 billion in assets, is the largest spot Bitcoin ETF and has rapidly grown since launching in January 2024.
- David Carvalho said no blockchain is ready for quantum attacks, which Paolo Ardoino predicted would allow hackers to access dormant bitcoins, including Satoshi's coins.
- This warning signals potential long-term risks for Bitcoin's security model and shareholder value, though such threats remain distant and highly uncertain.
14 Articles
14 Articles
Quantum Threat? BlackRock Flags Future Risk in Bitcoin ETF Filing – #CryptoUpdatesGNIT
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure BlackRock has added a warning about quantum computing to its iShares Bitcoin Trust (IBIT) filing. Based on reports, the asset manager sees a future risk that ultra-powerful machines might crack the math securing Bitcoin. This is the first time BlackRock has flagged this concern in its spot Bitcoin ETF paperwork. BlackRock Flags Quantum Risk Accord…
Quantum Threat? BlackRock Flags Future Risk In Bitcoin ETF Filing - Coin Surges
BlackRock has added a warning about quantum computing to its iShares Bitcoin Trust (IBIT) filing. Based on reports, the asset manager sees a future risk that ultra-powerful machines might crack the math securing Bitcoin. This is the first time BlackRock has flagged this concern in its spot Bitcoin ETF paperwork. BlackRock Flags Quantum Risk According to the updated regulatory filing on May 9, BlackRock now lists “quantum computing” among possibl…
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage