CEO of Franklin Templeton, one of the companies that applied for Spot Bitcoin ETF, announced which cryptocurrencies he invested in.
Speaking to Fourtune, Franklin Templeton CEO Jenny Johnson said which altcoins she personally invests in, besides Bitcoin and Ethereum.
Stating that these cryptocurrency investments are small compared to the general investment portfolio, Jenny Johnson stated that she invested in BTC, ETH, Uniswap (UNI) and Sushiswap (SUSHI).
“I tend to invest in things that I think will provide a financial return because I think you have a better chance of success there.
At this point I don't think NFTs make sense from my personal investing perspective and I haven't invested in them.
Apparently, I have a small cryptocurrency investment. “My crypto investments remain small compared to my overall investment portfolio.”
The famous CEO answered “I don't know” to the question about when the first Bitcoin spot ETF will be approved and said, “The approval date is in the hands of the regulators as they try to find the best time. Their duty is to protect consumers and I think they will do this in a timely and appropriate manner.” said.
Finally, stating that there is a very open and high demand for Bitcoin, Johnson said that he believes that the spot BTC ETF is a better way to access Bitcoin.
As it is known, many giant asset managers, including BlackRock, Fidelity and Franklin Templeton, have applied to the SEC for spot Bitcoin ETF approval.
*This is not investment advice.