BlackRock更新比特幣ETF歸檔，引入新的語言突出顯示量子計算風險

這項修訂於5月9日提交，反映了行業對高級計算技術如何影響數字資產中使用的加密系統的認識。

BlackRock (NYSE:BLK) has updated the S-1 registration statement for the iShares Bitcoin Trust (NYSE:IBIT) to include a section on the potential risks posed by quantum computing.

BlackRock（NYSE：BLK）已更新了Ishares Bitcoin Trust（NYSE：IBIT）的S-1註冊說明，其中包括有關量子計算帶來的潛在風險的部分。

The new language, filed on Monday, is part of a broader industry discussion about how emerging technologies could impact the cryptographic systems used by digital assets.

週一提交的新語言是關於新興技術如何影響數字資產使用的加密系統的更廣泛行業討論的一部分。

What Happened: In a filing with the Securities and Exchange Commission, BlackRock pointed out that significant future advancements in quantum computing could compromise the security underpinning Bitcoin (CRYPTO: BTC).

發生的事情是：在向美國證券交易委員會提交的文件中，貝萊德指出，量子計算的未來進步可能會損害比特幣的安全基礎（Crypto：BTC）。

If quantum technology were to progress far beyond its current capabilities, it might render the cryptographic algorithms used by Bitcoin obsolete. This could enable malicious actors to exploit vulnerabilities, such as gaining unauthorized access to wallets that store Bitcoin for the trust or its investors.

如果量子技術遠遠超出其當前功能，它可能會導致比特幣過時使用的加密算法。這可以使惡意行為者能夠利用漏洞，例如獲得未經授權的訪問信託或投資者為比特幣存儲比特幣的錢包。

While noting that quantum computing is still under development and its full capabilities are uncertain, BlackRock highlighted the importance of disclosing any theoretical threats that could affect the performance or security of its crypto investment products.

雖然指出量子計算仍在開發中，並且其全部功能尚不確定，但貝萊德強調了披露任何可能影響其加密投資產品績效或安全性的理論威脅的重要性。

“It is possible that new technology, such as large-scale quantum computers, could be used to break the cryptographic algorithms used to secure the Bitcoin network or to forge the private keys used to authorize Bitcoin transactions,” the asset manager stated in the filing.

該資產管理器在文件中說：“新技術（例如大型量子計算機）可能會用於打破用於保護比特幣網絡的加密算法或偽造用於授權比特幣交易的私鑰。”

The asset manager also updated the S-1 application for the iShares Ethereum (ETH) Trust to include plans to support an in-kind creation and redemption structure.

資產管理器還更新了Ishares以太坊（ETH）信託的S-1應用程序，包括支持實物創建和贖回結構的計劃。

This model would allow investors to exchange shares of the iShares Ethereum ETF (NYSE:ETHU) directly for Ethereum (CRYPTO: ETH) or vice versa, eliminating the need for cash transactions.

該模型將允許投資者直接將Ishares Ethereum ETF（NYSE：ETH）的股票與以太坊（Crypto：ETH）直接交換，反之亦然，從而消除了現金交易的需求。

The move is seen as a logical step towards optimizing the ETF's efficiency and minimizing unnecessary costs.

此舉被視為旨在優化ETF效率並最大程度地減少不必要成本的邏輯步驟。

It would also circumvent the requirement to convert crypto into fiat currency, which is currently mandated by the SEC for the cash-based structure used by issuers.

它還將規定將加密貨幣轉換為法定貨幣的要求，該法幣目前是由發行人使用的基於現金的結構的。

This approach could help issuers limit price slippage and save on trading fees.

這種方法可以幫助發行人限制價格滑倒並節省交易費用。

It is worth noting that the SEC has yet to approve in-kind (or "physical") redemption models for crypto ETFs, but industry analysts anticipate this to happen later in 2023.

值得注意的是，SEC尚未批准加密ETF的實物（或“物理”）贖回模型，但行業分析師預計這將在2023年晚些時候發生。

“Eric Balchunas & I expect SEC approval for In-kind at some point this year…Notably, the first application for any of the Ethereum ETFs to apply for In-kind creation/redeem has a final deadline around ~10/11/25,” noted Bloomberg ETF analyst, James Seyffart.

“ Eric Balchunas＆i希望在今年的某個時候獲得SEC的批准……值得注意的是，任何以太坊ETF的申請申請In-Bink Creation/Exeem的第一個申請的最終截止日期左右〜10/11/25，”彭博ETF分析師詹姆斯·塞耶法特（James Seyffart）表示。

What Else Is Known: IBIT, the largest spot Bitcoin ETF in the U.S., has been a subject of significant interest.

還有其他已知的東西：IBIT是美國最大的位置比特幣ETF，一直引起人們的興趣。

It has now recorded 19 consecutive days of inflows, amassing more than $5.1 billion during the reporting period.

現在，它連續出現了19次流入，在報告期間積累了超過51億美元。

As of Monday, May 8, IBIT’s net inflows for the past 30 days reached $6.66 billion, making it the ETF with the highest net inflows over 30 days.

截至5月8日星期一，IBIT過去30天的淨流入量達到66.6億美元，使其成為30天內淨流入最高的ETF。

Earlier this year, BlockRock began meeting with the SEC to discuss crypto ETF staking and securities tokenization.

今年早些時候，BlockRock開始與SEC會面，討論Crypto ETF Staking和證券化令牌。

The world’s largest asset manager is also preparing to launch an entry-level ETF that will invest in the iShares Core U.S. Aggregate Bond ETF (NYSE:AGG).

全球最大的資產經理還準備推出一項入門級ETF，該ETF將投資於Ishares Core US Grengregate Bond ETF（NYSE：AGG）。

This new ETF will be structured as a single-factor ETF and will serve as a building block for a broader fixed-income ETF product suite that BlackRock plans to introduce later this year.

該新的ETF將作為單因素ETF構建，並將作為BlackRock計劃在今年晚些時候推出的更廣泛的固定收入ETF產品套件的基礎。

What’s Next: Despite the potential theoretical risks highlighted by BlackRock, it’s crucial to note that quantum computing technology is still in its early stages of development.

接下來是：儘管貝萊德強調了潛在的理論風險，但至關重要的是要注意量子計算技術仍處於發展的早期階段。

While there has been significant progress in recent years, especially with the development of superconducting qubits and topological matter, quantum computers capable of posing a threat to cryptocurrencies are still a subject of speculation.

儘管近年來取得了重大進展，尤其是隨著超導量子和拓撲問題的發展，能夠對加密貨幣構成威脅的量子計算機仍然是猜測的主題。

Despite the rumors of FTX’s collapse impacting the crypto market, the crypto market, specifically Bitcoin, has shown resilience, and institutional interest in cryptocurrencies continues to grow.

儘管有傳言稱FTX崩潰影響了加密市場，但加密貨幣市場，特別是比特幣，已經顯示出韌性，並且對加密貨幣的機構興趣不斷增長。