Blockstream Executive Peter Bain: Institutional Clients Say Bitcoin “Poised for a Big Bull Run”
Key Takeaways
- •Bitcoin is holding near $81,000 despite an equity selloff, rising 10-year Treasury yields, and unrest in Europe, a resilience Blockstream CMO Peter Bain called a strong signal.
- •Blockstream, co-founded by Adam Back in 2014 and among Bitcoin's longest-standing infrastructure firms, is launching a Lugano hub and a consulting division for institutions in Switzerland.
- •Switzerland was selected as the launch market because of its clear rules and banking depth, with Zug's Crypto Valley cluster and Lugano's Plan B initiative making it one of Europe's most developed digital-asset jurisdictions.
- •The Liquid Network's swap service has been restored following the recent incident, allowing users to move Bitcoin back to the main chain through peg-outs.
- •Bain said institutional clients view Bitcoin as poised for a big bull run through 2027, with quantum-resistance research and the Bitcoin Security Consortium among developments to watch.

Bitcoin is holding $81K through an equity selloff, a rising 10-year yield, and unrest in Europe — resilience that Blockstream Chief Marketing Officer Peter Bain calls “a really, really strong signal.” The 10-year Treasury yield serves as a benchmark for global borrowing costs, so a backdrop combining weaker equities, higher rates, and geopolitical turbulence is the kind of window in which an asset’s resilience draws the closest scrutiny from institutional observers.
Bain made the remarks in a new Bitcoin Magazine interview published on October 26, 2026, joining Grace Remington and Sean Hagan (watch on YouTube). He explains why the technology build-out comes before the price, what Blockstream’s new Lugano hub and consulting division mean for institutional adoption, and why Switzerland’s clear rules and banking depth make it the right launch market. Blockstream, co-founded in 2014 by cryptographer Adam Back, is one of Bitcoin’s longest-standing infrastructure companies, and it is expanding in a country that has a head start on the institutional wave: Zug’s long-running “Crypto Valley” cluster and Lugano’s city-level Plan B Bitcoin initiative have made Switzerland one of Europe’s most developed jurisdictions for digital-asset businesses.
Bain also provided the first update on the Liquid Network incident, confirming that the swap service is back online and that users can move Bitcoin to the main chain. For readers new to the stack, Liquid is a federated Bitcoin sidechain developed by Blockstream for faster settlement and asset issuance, and moving Bitcoin “to the main chain” describes the peg-out that returns funds from the sidechain to Bitcoin’s base layer.
Looking ahead through 2027, Bain said institutional clients view Bitcoin as “poised for a big bull run.” Threads worth following from here, all raised in the interview: the rollout of Blockstream’s Lugano hub and consulting division, further updates on the Liquid Network’s recovery, and how quantum-resistance work — from signature-scheme research to the conversation Bain frames around the Bitcoin Security Consortium — moves forward.
Video Chapters
- 0:00 – Bitcoin Holding $81K Through the Equity Selloff Is a “Strong Signal”
- 0:44 – Build-Out Before Price: Adoption, Stablecoins and Tokenized Equities
- 1:26 – Blockstream’s Lugano Hub and New Consulting Division for Institutions
- 2:10 – Why Treasury Companies Are Mostly American and Why Switzerland Is Next
- 3:19 – Quantum Is Decades Away: Bitcoin’s Real Weak Spots
- 4:22 – The PHP Exploit and Why Everyone Must Rethink How Software Ships
- 5:07 – Making Bitcoin Quantum Resistant: Blockstream Research and Signature Schemes
- 6:18 – How Consensus Reaches a Quantum Upgrade and the Bitcoin Security Consortium
- 7:33 – Liquid Network Hack Update: Swap Service Restored, Network Back Online
- 8:27 – Outlook Through 2027: “Poised for a Big Bull Run”
Disclaimer: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.
This article first appeared on Bitcoin Magazine and is written by Patrick Green.