TechFlow reports that Franklin Templeton CEO Jenny Johnson said in an interview at the Fortune Global Forum that she personally holds some cryptocurrencies, such as Ethereum, Bitcoin, SushiSwap, and Uniswap, although they represent a small portion of her overall investment portfolio.
When asked about when the first spot Bitcoin ETF might be approved, Johnson stated that it is up to regulators, who are working to find the best approach. Regulators' job is to protect consumers, and they will approve a spot Bitcoin ETF at the appropriate time.
Regarding client interest in spot Bitcoin ETFs, Johnson noted that there is clearly demand from clients for Bitcoin, and she personally believes a spot ETF is a better way to gain exposure to Bitcoin. However, Bitcoin also faces certain challenges—it is difficult to categorize it into any traditional asset class, as it can function both as a risk asset and a safe-haven asset. She also revealed her small personal investments in crypto and discussed potential future blockchain or cryptocurrency-related products the company may launch.
