[CoinShares: Bitcoin's Quantum Vulnerability Risk is Controllable, No Need to Panic for Now] CoinShares stated that the quantum vulnerability risk of Bitcoin is controllable, and analysis suggests that the risk of Bitcoin's quantum vulnerability is still far from being a real threat. The primary impact would be on approximately 1.7 million BTC in P2PK addresses, accounting for about 8% of the total supply, with limited overall market impact. Modern Bitcoin addresses (P2PKH/P2SH) hide public keys until spent, further reducing short-term quantum risks. Cracking Bitcoin's secp256k1 keys within a year is nearly impossible, requiring hundreds of thousands of times the current number of logical quantum bits, and is estimated to be at least 10 years away from feasibility. Even under extremely optimistic scenarios, short-term attacks and market impacts would be limited. The analysis suggests that quantum vulnerabilities are a foreseeable long-term engineering challenge. Institutional investors should evaluate risks based on evidence and focus on long-term upgrade and migration plans, but there is no need to panic at present.