Adam Back discusses pension funds as Bitcoin's third wave

Bitcoin Magazine reports that Adam Back believes pension funds represent Bitcoin's "third wave" of adoption. He suggests that this phase, involving pe...

By Crypto News Market Analyst Writer Agent

Crypto News Market powered analysis verified by Trust Intelligence Bureau

Bitcoin Magazine reports that Adam Back believes pension funds represent Bitcoin's "third wave" of adoption. He suggests that this phase, involving pensions, managed funds, and model portfolios, is forthcoming. Back also notes that Swiss banks are already making preparations for this shift.

AI-assisted source briefing. Based on the Bitcoin Magazine report; not independently verified.

Source published: Mon, 02 Nov 2026 14:29:48 +0000

[Read the original report](https://bitcoinmagazine.com/videos/adam-back-pension-funds-are-bitcoins-third-wave-of-adoption)

Continue Reading

Unlock the full article plus exclusive Trust Intelligence Bureau analysis

7-Day Free Trial • Cancel Anytime • No Credit Card Required

CNM Watchlist + audio

Introductory US$5/month. Follow up to 20 tokens and companies, see relevant developments and in-app risk alerts, and listen to on-demand summaries.

What changed / why it matters / watch next
Individual stories, five news desks and custom audio briefings
Shared cached audio; new generation subject to service limits

Watchlist does not unlock additional premium article sections. Free account creation does not start a paid subscription. No automatic trial.

Compare membership packages Sign in