Institutional money is coming for bitcoin, but Adam Back says it moves slower than you think

coindesk
coindesk|Apr 29, 2026 04:01
The legendary cryptographer discusses institutional money flows into bitcoin. What to know : Blockstream CEO Adam Back says spot bitcoin ETFs are a powerful long-term catalyst, but institutional adoption takes time. Back argues that the interests of major Wall Street firms such as BlackRock, Morgan Stanley and Fidelity provide a durable pro-crypto force that can outlast changes in U.S. administrations. Quantum-computing fears are a minor but real risk that institutions are beginning to evaluate.(Coindesk)
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