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BlackRock Warns Quantum Computing Could Endanger Bitcoin Security

5/16/2025

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Summary

Story summary

BlackRock has raised alarms about the potential dangers of emerging quantum computing technologies, which could jeopardize the cryptography that secures Bitcoin and other blockchain networks. In a recent regulatory filing for its iShares Bitcoin ETF, managing around $64 billion, BlackRock emphasized that these advancements might threaten the very foundation of digital asset security.

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Story summary

BlackRock has raised alarms about the potential dangers of emerging quantum computing technologies, which could jeopardize the cryptography that secures Bitcoin and other blockchain networks. In a recent regulatory filing for its iShares Bitcoin ETF, managing around $64 billion, BlackRock emphasized that these advancements might threaten the very foundation of digital asset security.