Will Google's New Ad Rules Boost Spot Bitcoin ETFs? 👀
#Google's policy update on January 29, allowing certain cryptocurrency product ads, sparks speculation in the crypto community.
With the recent SEC approval of 11 spot Bitcoin ETFs, aligning with Google's criteria, experts foresee potential inflows into
#Bitcoin ETFs.
Google processes 8.55 billion daily searches, enhancing transaction processing capacity. The term 'cryptocurrency coin trusts' is vaguely defined in Google's policy. Notably, Grayscale Bitcoin Trust (GBTC) converted to a spot Bitcoin ETF, expanding accessibility.
Spot Bitcoin ETFs, regulated under the Securities Act of 1933, offer a safer option for general public investment. Analysts recall Michael van de Poppe's optimism about Google
#ads ' influence on Bitcoin-related products, especially amid the SEC's exploration of Bitcoin Futures ETFs, approved in October 2021.
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