Major players in the tech industry are increasingly embracing the cryptocurrency market, with regulated products such as Bitcoin ETFs witnessing substantial investments in the past 20 days.
The recent launch of Bitcoin ETF ads on Google Search and YouTube indicates a growing interest, and it is anticipated that other companies like Meta will also join this trend shortly.
Nate Geraci, President of the ETF Store, has made an interesting observation, proposing that Facebook and Instagram could potentially allow the promotion of advertisements for spot Bitcoin Exchange-Traded Funds (ETFs) shortly.
Geraci suggests a possible change in advertising policies on well-known social media platforms, anticipating that they might soon allow promotions for Bitcoin ETFs.
Describing Facebook as a potential target for an older demographic, Geraci hints at the platform becoming a valuable avenue for expanding the reach of Bitcoin ETF ads.
As the worlds of cryptocurrency and ETFs intersect, the potential acceptance of Bitcoin ETF advertisements by major social media platforms could be a noteworthy advancement for the crypto industry.
Also Read: WisdomTree Downplays Slow Bitcoin ETF Launch