BlackRock and T. Rowe Price drive new institutional moves in crypto

BlackRock’s digital‑assets division released a report warning that quantum computers could threaten Bitcoin’s elliptic‑curve cryptography, but argues that a swift upgrade to quantum‑resistant standards could protect the network. The paper notes that about 35 % of Bitcoin’s public keys are potentially vulnerable and stresses the need for coordinated action, citing proposals such as BIP‑360 as a viable path.

Separately, T. Rowe Price filed paperwork with the U.S. SEC for an actively managed crypto exchange‑traded fund (ETF) under the ticker TKNZ. The fund will hold a rotating basket of 5‑15 digital assets, including Solana, Bitcoin, Ethereum and XRP, and aims to give traditional investors diversified exposure without having to pick individual tokens.

Both moves underscore increasing mainstream financial interest in digital assets and highlight differing strategies: one focused on technical risk mitigation, the other on product innovation for investor access.