Franklin Templeton CEO’s Bitcoin Comments Re-emerge Ahead Of XRP ETF Launch

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Ah, Bitcoin, the hero of the crypto world-or is it? Franklin Templeton CEO Jenny Johnson’s comments about Bitcoin have come back into the spotlight, just as the asset manager prepares to launch its XRP ETF. And, naturally, they’re not exactly flattering for our beloved Bitcoin. Imagine that! Bitcoin may not be the biggest tech in the crypto space, Johnson mused, as she hinted at other, far more disruptive technologies lurking in the shadows, ready to shake up the financial world.

Franklin Templeton’s CEO Bitcoin Comments Resurface Ahead Of XRP ETF Launch

Nick, the ever-insightful crypto pundit, shared Johnson’s comments at CNBC’s Delivering Alpha conference. “Bitcoin,” she said, “is the greatest distraction from the greatest disruption that is coming to financial services.” Oh, how blunt! She went on to argue that blockchain’s true worth lies in its ability to revolutionize payments, smart contracts, and tokenization. Not in Bitcoin! The nerve of it. This very statement resurfaces just as Franklin Templeton, a colossal $1.53 trillion asset manager, is preparing to unveil its XRP ETF. Coincidence? Maybe. Or maybe just the universe aligning with the XRP Ledger’s potential!

Nick’s analysis seemed to suggest that Johnson was pointing out that Bitcoin just doesn’t have the tech to fulfill what institutional investors truly want. After all, institutions are looking for scalable, efficient solutions. And guess what? Bitcoin just doesn’t deliver that, especially when those pesky gas fees spike as demand increases. Talk about a buzzkill. The future, according to Nick, lies in tokenization, which will bring all financial systems on-chain-but not with Bitcoin, mind you.

What’s Nick really getting at here? Well, it’s clear he’s championing the XRP Ledger over networks like Ethereum, whose gas fees go through the roof as demand surges. And naturally, he’s telling market participants to focus on the most efficient tech-the one that will lead to the holy grail of crypto efficiency. Spoiler alert: it’s not Bitcoin.

Now, let’s take a moment to appreciate the irony: Franklin Templeton offers a tokenized U.S. government money fund on networks like Ethereum, Solana, Base, Arbitrum, Aptos, and Stellar. But not the Ledger. Yet. It’s almost as if they’re waiting for the XRP developers to roll out some shiny new features to make tokenization on the XRPL even more enticing. What a delightful cliffhanger!

Franklin Templeton Likely To Roll Out ETF Next Week

Let’s talk timing-because when it comes to launching ETFs, timing is everything. Bloomberg analyst James Seyffart has weighed in, suggesting that Franklin Templeton’s XRP ETF could be launched next week, on November 24. Fancy that, a date on the calendar. But hold onto your seats, folks: Seyffart also predicts that the Grayscale fund will launch the same day. What a dramatic showdown! Franklin Templeton’s fund was initially slated for launch this week, but a minor filing adjustment pushed things back. You know, just a little paperwork delay.

Meanwhile, Bitwise has no such delays. It’s all systems go, with the XRP ETF going live TODAY on the NYSE under the ticker ‘XRP.’ Talk about stealing the spotlight! Bitwise highlighted some impressive points about the XRP Ledger, including its long-standing 13-year track record as one of the most reliable blockchains. And get this: XRP can settle payments in just 3 to 5 seconds for fractions of a cent. No wonder the buzz is real. Add in a growing list of tokenized assets, and you’ve got the recipe for an altcoin on the rise.

As of now, XRP is trading at around $2.13, down nearly 2% in the last 24 hours. A minor dip, perhaps, but don’t worry, we’re all waiting for the next big leap!

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2025-11-20 20:31