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"Quantum Threat? BlackRock Flags Future Risk In Bitcoin ETF Filing"
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"BlackRock's warning is the first time the company has flagged this concern in its spot Bitcoin ETF paperwork. The company notes that if quantum processors become strong enough, they could decrypt private keys and put wallet security in jeopardy. This is a standard move in ETF filings to note every conceivable risk, even if it feels far-off. The crypto world has been on high alert since last December when Google and Microsoft unveiled their quantum computing advancements, which could potentially solve certain tasks in minutes that would take today's supercomputers 10 septillion years."
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"content": "nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgxm87efh934qwdkkngj6klr4k2de5wck92alcjl4x5edemg0c6a5gxlx94c\nhttps://bitcoinist.com/wp-content/uploads/2025/05/a_0d5105.png?resize=1024%2C322\nBlackRock 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. Related Reading: Bitcoin Blast: Strategy […]\nhttps://bitcoinist.com/quantum-threat-blackrock-flags-future-risk-in-bitcoin-etf-filing/",
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