Franklin Templeton—managing a whopping $1.6 trillion as a legacy global asset manager—just announced the launch of a dedicated crypto department. This isn’t about exploration or research; it's a full-fledged department.
This isn’t on the same scale as Goldman Sachs' trading desk. Goldman helps others trade, while Templeton manages the slow money of pensions, retirement funds, and family offices. These funds are in for the long haul, not for quick flips.
Traders should ask themselves: with BlackRock, Fidelity, and Templeton quietly entering the game, are your fast in-and-out positions still in the best spot? Institutions don't chase pumps; they wait for dips. Can you hold out?
#机构入场 #tradingthoughts
This isn’t on the same scale as Goldman Sachs' trading desk. Goldman helps others trade, while Templeton manages the slow money of pensions, retirement funds, and family offices. These funds are in for the long haul, not for quick flips.
Traders should ask themselves: with BlackRock, Fidelity, and Templeton quietly entering the game, are your fast in-and-out positions still in the best spot? Institutions don't chase pumps; they wait for dips. Can you hold out?
#机构入场 #tradingthoughts