Bitwise Releases Second Spot Bitcoin ETF Commercial Amid SEC Application

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21 Dec 2023
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According to Coincu, Bitwise has released its second commercial for a Spot Bitcoin ETF while awaiting approval from the US Securities and Exchange Commission (SEC). The advertisement features actor Jonathan Goldsmith for the second time, conveying confidence in a positive outcome despite the pending approval. The initial commercial targeted older generations, such as Gen X and baby boomers, with a classy and sophisticated style. Goldsmith encouraged Bitcoin investors to choose Bitwise for their Spot Bitcoin ETF in the latest ad.
As the SEC continues to evaluate multiple applications for spot Bitcoin ETFs, Bitwise and other financial firms are vying for a first-mover advantage in attracting crypto investors. Bitwise has persistently sought the establishment of the Bitwise Spot Bitcoin ETF to bridge the gap between traditional finance and the growing Bitcoin market. The SEC has engaged in discussions with various firms, including Grayscale and BlackRock, regarding spot Bitcoin ETFs. Other firms, such as Hashdex, have also initiated advertising campaigns for their Bitcoin ETFs to attract crypto investors.

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