Golden Finance reported that Franklin Templeton CEO Jenny Johnson believes that it is still in the early stages of Bitcoin and the Bitcoin investment cycle, and large institutional funds have not yet been fully deployed in this type of asset. Johnson said: "This is indeed the first wave of early adopters, and I think the next wave is larger institutions." Johnson pointed out that as previously concerned investors and fund managers become more comfortable with handling digital assets and their underlying technologies, institutional interest will continue to grow.