Summary
Sandy Kaul from Franklin Templeton and Robert Mitchnick from BlackRock discuss the asset managers’ efforts to gain approval for a bitcoin ETF in the U.S. They highlight the challenges and potential benefits of such a product. The experts also discuss their future plans in the digital assets space.
Key Points
1. Sandy Kaul and Robert Mitchnick discuss the journey of asset managers towards obtaining approval for a bitcoin ETF in the U.S. This highlights the growing interest and recognition of cryptocurrency as a legitimate investment asset.
2. The involvement of Franklin Templeton and BlackRock, two prominent asset management firms, in the pursuit of a bitcoin ETF approval indicates a shift in attitude towards digital assets within traditional financial institutions.
3. The conversation also explores what lies ahead for both Franklin Templeton and BlackRock, suggesting that they are actively evaluating opportunities in the digital asset space and potentially planning further developments or investments in this area.