From Benzinga's 'Future of Digital Assets': Franklin Templeton Digital Assets Research Analyst David Alderman Says If Bitcoin ETF Happens, It Would Lower Friction Between Money Within RAAs And Other Financial Institutions
Portfolio Pulse from Benzinga Newsdesk
David Alderman, a Digital Assets Research Analyst at Franklin Templeton, discussed the potential impact of a Bitcoin ETF on the financial industry at Benzinga's 'Future of Digital Assets' event. He suggested that a Bitcoin ETF would reduce friction between money within Registered Investment Advisors (RIAs) and other financial institutions.
November 14, 2023 | 2:40 pm
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Franklin Templeton, represented by its Digital Assets Research Analyst David Alderman, may see increased interest if a Bitcoin ETF is approved, potentially impacting its product offerings and stock price.
The mention of Franklin Templeton's analyst discussing the benefits of a Bitcoin ETF suggests the company is actively engaged in the digital asset space. Approval of a Bitcoin ETF could lead to new product offerings from Franklin Templeton and potentially increase its appeal to investors interested in digital assets, which might positively affect its stock price in the short term.
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