Posted 4/3/2024, 10:57:36 PM
Franklin Templeton: Ordinals Herald Bitcoin NFT Renaissance as Trading Volume Surpasses Ethereum
- Franklin Templeton's digital assets division highlighted the surge in Bitcoin NFTs called Ordinals in a new prospectus, calling it a "renaissance" in Bitcoin activity
- They outlined the acceleration in Ordinal collections and trading volume, surpassing Ethereum NFT volume since December
- This comes shortly after Franklin Templeton launched a Bitcoin ETF and filed for an Ethereum spot ETF
- The Ordinals community welcomed the bullish note from such a major financial firm
- Separately, Magic Eden COO said upcoming Bitcoin protocol Runes will "supercharge" Bitcoin and add new asset types