Big tech titans have already started warming up to the crypto market with well-regulated products like Bitcoin ETFs seeing strong inflows over the last 20 days. With the Bitcoin ETF ads going live earlier this week on Google Search and YouTube, other players like Meta are likely to join the bandwagon soon.
Introducing Bitcoin ETF Ads Soon
In a notable observation, Nate Geraci, President of ETF Store, has suggested that Facebook and Instagram might soon permit the display of advertisements for spot Bitcoin Exchange-Traded Funds (ETFs).
Geraci’s insight hints at a potential shift in advertising policies on popular social media platforms, with expectations that they may open up to advertisements related to spot Bitcoin ETFs in the near future.
Referring to Facebook as a potential “boomer honeypot,” Geraci implies that the social media giant’s user base, which includes a significant…