Franklin Templeton CEO Holds BTC, ETH & Others
Franklin Templeton’s CEO, Jenny Johnson, has publicly disclosed her crypto investments, including bitcoin, ether, Uniswap, and Sushi Swap governance tokens. Johnson, however, prefers mature investments with clear financial returns, as not all non-fungible tokens make sense from a personal investment perspective.
She believes that there are opportunities in the space where there are certain things that are like art in an NFT, where if two people love it, they will find a market price for it. Franklin Templeton filed for a spot bitcoin exchange-traded fund with the Securities and Exchange Commission in September, but the SEC has yet to approve a spot bitcoin ETF. Johnson is uncertain about the approval timeline, stating that regulators are working on determining the best approach and should approve it in due course.
(With inputs from Shikha Singh)
You need to login in order to Like
