Another Giant that is starting to believe in BTC!
Google has decided to allow ads for “cryptocurrency funds,” such as the popular Bitcoin exchange-traded funds (ETFs). Previously, only certain cryptocurrency-related products could advertise on Google, but now that's changing!
This decision comes just before a possible approval of the Bitcoin Spot ETF, scheduled for January 10, 2024. What does this mean? Well, if everything goes as planned, some of the big names, such as BlackRock, ARK Invest, and Grayscale, will be able to announce their Bitcoin spot ETFs by the end of January.
In simple terms, this could be the start of an exciting period for Bitcoin and other cryptocurrencies. People are hoping that this event will mark the beginning of a steady rise in the value of Bitcoin and, who knows, maybe other digital currencies as well. We're looking forward to seeing what happens after the Fed meeting and how Google joins in on this exciting change.