Key Points:
According to a tweet by Geraci, Facebook and Instagram might soon allow the display of spot Bitcoin ETF ads.
This observation follows the recent acceptance of spot Bitcoin ETF ads on Google Search and YouTube. Geraci’s insight hints at a broader trend among major tech players like Meta entering the crypto advertising arena.
He particularly highlights Facebook as a potential avenue, referring to it as a potential boomer honeypot, suggesting that the platform’s older user base could play a crucial role in expanding the reach of Bitcoin ETF ads.
The intersection of cryptocurrency and ETF landscapes has already seen major platforms adapting to this trend. Google, after an advertising policy update in December, has permitted select cryptocurrency finance products, including approved Bitcoin ETFs, to feature sponsored links. This move has prompted swift adoption by issuers such as Vanesh and BlackRock on Google.
In a notable proposal, BlackRock aims to project spot Bitcoin ETF advertisements onto the sides of buildings, as revealed in a Jan. 31 SEC filing.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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