Franklin Templeton CEO:

IconCryptoNewsTerminal Staff05 Jun, 2024

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Franklin Templeton CEO:

Franklin Templeton CEO Jenny Johnson recently expressed optimism about the future of Bitcoin ETFs in an interview with CNBC, stating that "there's a whole other wave of adoption coming for the Bitcoin ETF." She believes that this second wave will primarily involve large institutions that have yet to invest in Bitcoin. Johnson emphasized that many institutions are still hesitant to enter the cryptocurrency market, and their participation would represent a significant influx of capital. She remains confident about the prospects of a spot Bitcoin ETF approval in the United States, which would further expand market accessibility and drive demand.