Fri, November 22

Franklin Templeton Prioritizes Customer Results Post Bitcoin ETF Approval

IBIT becomes first US Bitcoin ETF to hold 100,000 BTC Bitcoin News
  • Franklin Templeton is one of the most recent Bitcoin exchange-traded fund (ETF) issuers.
  • The CEO emphasized that improving the company’s customer results is her current priority.

Franklin Templeton’s CEO and President shared her enthusiasm for this week’s event and stated on twitter that Laser Eyes Ben was now playing in the background of her phone. Franklin Templeton is one of the most recent Bitcoin exchange-traded fund (ETF) issuers.

It was Jenny Johnson who broke the news to the world and Franklin Templeton’s clientele that she had assumed control of the firm’s official twitter account.

New Possibilities for Investors

Moreover, she emphasized that improving the company’s customer results is her current priority. Also, thanks to its 75 years of innovation, Franklin Templeton has amassed $2.6 trillion in Asset Under Management (AUM).

Furthermore, Johnson spoke on the spot Bitcoin ETF clearance from the SEC and how this “disruption” is the next step for the firm. After a long wait, the U.S. securities regulator approved eleven spot Bitcoin ETF applications on Wednesday, including Franklin Templeton’s.

Specifically, in the realm of blockchain and Web3.0, Jenny Johnson saw the change as a means to introduce institutional investors to new possibilities.

Moreover, among Franklin Templeton’s other initiatives is the establishment of a strong digital asset team to manage the development and funding of blockchain and Web3.0 projects. Also, leading developers with extensive experience and knowledge for developing across many networks make up the team.

Notably, according to a filing made on January 12, Franklin Templeton has emerged as the ETF provider with the cheapest Bitcoin ETF fees. The assertions made by the CEO of the firm are backed by this landmark. The yearly fees for Franklin Templeton’s Bitcoin ETF have been revised down from 0.29% to 0.19%. Furthermore, along with that, a waiver fee was instituted for the first six months.

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A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.