Fund manager Franklin Templeton, an institution that manages over $1.5 trillion in capital, expects big things from BTC in the coming years. One of those expectations is that several countries will introduce national BTC reserves. “We expect several countries to add a strategic Bitcoin reserve,” said Franklin Templeton.
JUST IN: 🇺🇸 $1.5 trillion Franklin Templeton says, “We expect to see strategic #BTC reserves added by several nations.” pic.twitter.com/PalnSKfqJc
— Bitcoin Magazine (@BitcoinMagazine) December 31, 2024
How seriously should we take this?
First of all, it is of course remarkable that a fund manager of Franklin Templeton’s caliber makes such statements.
Of course, they manage a spot Bitcoin ETF in the US and benefit from such developments. But it would be unlikely that they make such predictions solely for short-term profit motives.
Why not? Because an institution like Franklin Templeton doesn’t actually need BTC to be successful. In fact, they are putting their reputation at risk with such statements.
With such predictions, they are defending BTC, similar to what BlackRock does. That is the real signal that should be recognized here.
No one can guarantee that countries will actually adopt BTC in 2025, but the fact that institutions like Franklin Templeton are making such statements is extremely optimistic.
Which countries could adopt Bitcoin?
The first country that comes to mind when asking this question is, of course, the United States, since Donald Trump made this promise. Recently, Switzerland can also be added to the list of potential candidates, as there is a proposal that the central bank could adopt BTC.
NEW: 🇨🇭Swiss National Bank chairman Thomas Jordan responds to calls to hold #Bitcoin as reserves, "We have yet to decide that we want to invest in bitcoin, actually for good reasons. Currency reserves are international payments. They have to be liquid. They have to be… pic.twitter.com/ZOiJPuZ3Bi
— Bitcoin News (@BitcoinNewsCom) April 26, 2024
Additionally, there is a draft law in Brazil and rumors are circulating about wealthy individuals in the Middle East adopting BTC.
Additionally, there are politicians in many countries who express their support for BTC. However, these are often politicians who operate on the fringes of the political spectrum and may use BTC as a means to increase their popularity.
Similar to Thierry Baudet in the Netherlands. While he may be interested in BTC, he certainly also sees it as a tool to gain followers.
