Adoption

Adam Back Says Pension Funds Represent Bitcoin's Third Wave of Adoption

November 2, 2026, 2:29 PM UTC (3 hours ago) · 1 source · Summarized by CryptoBipto

Blockstream CEO Adam Back has described pension funds entering Bitcoin as a "third wave" of adoption. Back frames this phase as following earlier waves driven by individual users and corporate treasuries.

WHY IT MATTERS

Pension funds are large pools of money set aside to pay people's retirement income.

Read the full analysis with a CryptoBipto membership

Members read why every story matters and the full analysis behind it.

Join CryptoBipto Member sign-in

SOURCES

bitcoinmagazine.com

BTCInstitutional AdoptionPension FundsBitcoin AdoptionAdam Back

Learn the concepts behind this

Clear explanations of the subjects this article touches, with every term defined.

How are institutions and regulators approaching crypto?What institutional adoption means in crypto, how spot ETFs and corporate treasury holdings work, and how regulation shapes what is available to ordinary users.