Franklin Templeton CEO says Bitcoin investment still in early phase

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Business News News

The CEO of Franklin Templeton shares her thoughts on the Bitcoin adoption cycle and where most institutional investors stand regarding investment in the asset.

“This is really the first wave of the early adopters, and I think the next wave is the much bigger institutions,” Johnson told CNBC in a recent interview.

Weekly asset flows into crypto funds for the week ending May 31, 2024. Source: CoinShares Digital Asset Fund Flows report Johnson cited significantly lower data processing costs and novel use cases as the main drivers behind her endorsement of blockchain technologies and digital assets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in BUSİNESS

Business Business Latest News, Business Business Headlines