Spot bitcoin ETF Franklin Templeton Digital Holdings Trust (EZBC) has cut its fee, making it (as of late Friday morning) the lowest among all current issuers. The asset management firm will also waive fees until the fund reaches $10 billion in assets under management. The newly approved spot bitcoin ETFs collectively saw more than $4 billion in volume on the first day of trading. Sandy Kaul, Franklin Templeton’s Head of Digital Asset and Investor Advisory Services, joins Yahoo Finance Live to… Source link
Read More »Blockchain will be ‘hugely disruptive’ to finance: Franklin Templeton CEO
Enterprise software company Oracle (ORCL) in recent days formed a partnership with an outfit that will strengthen its blockchain-related services, and Bank of America launched a cryptocurrency research team — the latest signs of major firms embracing decentralized finance. Blockchain can claim another believer among the nation’s top financial institutions in Franklin Templeton (BEN) CEO Jenny Johnson, whose fund manages more than $1.5 trillion in assets. Johnson told Yahoo Finance in a… Source link
Read More »‘You could lose everything’ on meme stocks: Franklin Templeton CEO
The meme stock craze has cooled off — at least temporarily. Over the past week, favored equities GameStop (GME) and AMC (AMC) have plummeted, dropping about 10% and 21% respectively. The decline affirms the fears of observers who had warned that a pullback was likely for shares elevated by what some consider speculative trading. In a new interview, Franklin Templeton (BEN) CEO Jenny Johnson — whose investment firm manages more than $1.5 trillion in assets — criticized the trading as… Source link
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