CEO Jenny Johnson believes institutions will deploy a second wave into Bitcoin funds and attract the truly big players.
Franklin Templeton CEO Jenny Johnson believes we are still in the early days of the Bitcoin (BTC) investment cycle, and that big institutional money has not yet been fully deployed into the asset class.
“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.
The CEO noted that institutional interest will continue to grow as previously apprehensive investors and fund managers become more comfortable with handling digital assets and their underlying technologies.