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@ tzongocu
2025-05-12 20:31:38
📰 News Alert...
🔖 Title: BlackRock Flags Quantum Computing as a Risk for Bitcoin ETFs
🗓️ Published: 2025-05-09T10:00:00-04:00
📄 Summary: In a recent regulatory filing, BlackRock has flagged quantum computing as a potential threat to the cryptography securing Bitcoin and other blockchain networks. This marks the first time BlackRock has explicitly pointed out this risk in its iShares Bitcoin ETF (IBIT) disclosures. The asset manager, which oversees approximately $64 billion in net assets in the IBIT fund, highlighted concerns that advancements in quantum computing could compromise the viability of many cryptographic algorithms used globally. Despite these risks, Bitcoin ETFs have attracted over $41 billion in net inflows since January, underscoring a booming interest in cryptocurrency investments.
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https://cointelegraph.com/news/blackrock-flags-quantum-computing-as-risk-for-bitcoin-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Alex O’Donnell
💓 #Bitcoin #QuantumComputing #InvestmentTrends