Franklin Templeton CEO says Bitcoin investment still in early phase

📆 6/5/2024 5:50 PM
📰 Cointelegraph

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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.

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