In a recent statement, Franklin Templeton CEO Jenny Johnson revealed that the Bitcoin ETF has seen a significant influx of funds since its launch in January, totaling $14.8 billion. This in turn has driven the price of Bitcoin up by 60% to a new high of $73,787. Despite a recent stabilization in demand, she anticipates a surge in demand as large institutions become more actively involved. The next wave of Bitcoin adoption may be driven by professional fund managers incorporating Bitcoin into diversified investment portfolios.
Franklin Dampston CEO of Franklin Dampston Corporation predicts a surge in demand for Bitcoin as large institutions actively engage
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