In a recent announcement, Jenny Johnson, CEO of Franklin Templeton, stated that since its launch in January, the Bitcoin ETF has seen a significant influx of funds, totaling $14.8 billion. This has in turn driven the price of Bitcoin up by 60%, reaching a new high of $73,787. Despite a recent stabilization in demand, she predicts that with larger institutions starting to participate more actively, demand will surge. The next wave of Bitcoin adoption may be driven by professional fund managers incorporating Bitcoin into diversified investment portfolios.