According to Odaily, Jenny Johnson, CEO of Franklin Templeton, has expressed her belief that we are still in the early stages of the Bitcoin investment cycle. She stated that large institutional funds have not yet fully deployed their capital into this asset class. Johnson further explained that the current wave of investors are early adopters, and she anticipates the next wave to be larger institutions.
As previous concerns from investors and fund managers become more accustomed to handling digital assets and their underlying technology, institutional interest will continue to grow. Johnson's comments highlight the ongoing evolution of the cryptocurrency market and the increasing interest from large-scale financial institutions. Her insights suggest a future where digital assets become a more integral part of investment portfolios, as institutions continue to adapt and invest in this emerging asset class.