Franklin Templeton CEO says ETF has shown ‘demand’ for Bitcoin is ‘everywhere’
Franklin Templeton CEO says ETF has shown ‘demand’ for Bitcoin is ‘everywhere’Jenny Johnson said the launch of Franklin Templeton's Bitcoin ETF is a strategic response to the increased use of Bitcoin in transactions and its integration into the broader financial system.Happy Saturday!The global crypto market cap is $1.63 trillion, with a 24-hour volume of $45.55 billion. The price of Bitcoin is $41,624.69, and BTC market dominance is 49.9%. The price of Ethereum is $2,464.38, and ETH market dominance is 18.1%. The best-performing sector is Prediction, which gained 19%. The Crypto Fear & Greed Index is currently Neutral (52). Top NewsFranklin Templeton CEO says ETF has shown ‘demand’ for Bitcoin is ‘everywhere’Jenny Johnson said the launch of Franklin Templeton's Bitcoin ETF is a strategic response to the increased use of Bitcoin in transactions and its integration into the broader financial system. Bitcoin dips to lowest level since Dec. 12 before bouncing as buyers hold $40k thresholdThe quick recovery indicates a recalibration of investor sentiment and strategic buying at lower price points. SEC opens comments on options trading for BlackRock, Cboe spot Bitcoin ETFsThe agency could decide on approval between February and September. Latest InsightsMore NewsSEC v. Binance hearing delayed until MondayBinance is expected to argue for dismissal following today's weather cancellation. |
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If BlackRock continues 6k BTC daily buys we get a supply crunch within 18 months, here’s why
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A fun exploration into why Bitcoin liquidity is not the same as other commodity ETFs.
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