Franklin Templeton Predicts Long-Term Bitcoin Growth as Institutional Demand Soars

Investment firm Franklin Templeton believes the long-term outlook for Bitcoin is promising, fueled by increasing institutional interest and a growing trend of investment in blockchain technology. The firm cites rising demand for Bitcoin and Ethereum ETFs, with 89% of purchases exceeding $100,000, as evidence of this shift. Franklin Templeton executives, including Max Gokhman and Jenny Johnson, emphasize the significance of blockchain infrastructure investments over direct exposure to digital assets. This strategic focus is reflected in new Bitcoin and Ethereum ETF launches, indicating a significant change in investment landscape.