According to Odaily Planet Daily, Jenny Johnson, CEO of Franklin Templeton, which manages $1.6 trillion in assets, stated at the SALT Conference in Jackson Hole, Wyoming, that Bitcoin is a "fear currency" that, in her view, distracts from the true potential of blockchain. She believes the most promising investment areas in the crypto space are blockchain infrastructure, including blockchain networks, consumer applications, and node validators. Johnson predicts that mutual funds and ETFs will gradually run on blockchains in the future, but regulatory risks remain the biggest obstacle to this transition. She emphasized that the transparency provided by validators could be a "game changer" for active investment managers.