Jenny Johnson, CEO of Franklin Templeton, has personally invested in Bitcoin, Ethereum, and several other cryptocurrencies.
Speaking to Fortune, Johnson said that in addition to Bitcoin and Ethereum Uniswap (UNI) and Sushi (SUSHI) invested in tokens.
Johnson, these “his portfolio is generally small” He said it formed part of it.
Johnson is more cautious about qualified intellectual property (NFT) than other digital tokens. johnson, “I tend to invest in things that I think have a financial return because I think you have a better chance of success there.” he said and added:
“There are some things in NFT, like art, that if two people love it, they can find a market value for it. Not all of them are successful or good, but some of them are successful.”
Franklin Templeton, which manages $1.3 trillion in assets, applied to the Securities and Exchange Commission (SEC) in September to establish a spot Bitcoin exchange-traded fund.
Answering questions about ETFs, Johnson said that the funds Not sure when it will be approved and regulators are trying to figure out what is the most appropriate approach, he said.
So far, companies such as BlackRock and Fidelity have also applied for ETFs. johnson, “There is clear demand for Bitcoin and I believe a spot ETF is a better way to access Bitcoin.” said.