Bitcoin Demand Surges Following Launch of New ETF: Head of Major Company Acknowledges Its Significance

Date: 2024-01-22 Author: Dima Zakharov Categories: BLOCKCHAIN
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In a recent interview, Jenny Johnson, the CEO of Franklin Templeton, a prominent asset management company, had previously referred to Bitcoin as a "distraction" that garnered too much attention away from blockchain technology. However, she emphasized that blockchain technology itself represents a groundbreaking innovation in finance over the past few years. Many individuals within the crypto industry misconstrued Johnson's initial statement, prompting her to clarify her stance on cryptocurrencies in a new interview. Let's explore this situation in more detail.

Franklin Templeton is one of the companies issuing new Bitcoin ETFs in the United States. Furthermore, it is possible that the company may introduce products based on other cryptocurrencies in the future.

Notably, experts within the company have been actively praising developments in the Solana network, as well as expressing interest in other lesser-known Layer 1 networks. For a more in-depth look at their perspective, you can read a separate article.

Now, let's break down the key points of this significant news.
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