Spot Bitcoin ETF issuers rolled out three crypto ads in just two days. Market rumor is that the ads stem from the confidence that issuers have in U.S. Securities and Exchange Commission (SEC) approval.
What Happened: The first advertisement was launched by Bitwise on Dec. 18 featuring actor Jonathan Goldsmith.
"Look for Bitwise, my friends," Goldsmith says, channeling his "most interesting man in the world" character from Dos Equis beer commercials.
Second, was a promotion by Hashdex on Dec. 20. The advertisement features a dump truck with the captions: “Stocks aren’t crypto, fixed income isn’t crypto, precious metals? Nope, not crypto either,” before promoting the firm.
On Dec. 20, Bitwise showcased ...