As known from:
known from Coinwireknown from Benchknown from Coinindex
  • About CryptoGmblr.com
Contains commercial content
Cryptogambling / Hashdex launches new ad amid Bitcoin ETF approval review

Hashdex launches new ad amid Bitcoin ETF approval review

Publish Date: 29/12/2023
b, tags: hashdex bitcoin - live.staticflickr.com

b – live.staticflickr.com

Asset management company Hashdex has released a new advertisement as the U.S. Securities and Exchange Commission (SEC) reviews applications for spot Bitcoin exchange-traded funds (ETFs) listing.

Hashdex debuted it on X (formerly Twitter) on December 28, featuring an interview set in the 1980s when personal computers were gaining popularity. In the video, a man expressed skepticism about using home computers for everyday tasks, reflecting the sentiments of that era’s views on personal computer use.

The person in the interview says, “It is amazing to me that tremendous impact that home computers have had on everyone, and yet it seems to me that people I have talked to have said that it takes longer to do something by putting it into your computer and calling it up again than if you just kept a simple record for yourself in-house.”

The ad’s message is about how “understanding disruptive innovation takes time.” It emphasizes that innovative ideas like spot Bitcoin ETFs might face doubt at first but can eventually show their transformative power. The ad aims to showcase Bitcoin’s importance as a disruptive force in finance.

In the wider crypto marketing scene, the competition has heated up as Bitwise and Hashdex collectively released four crypto ads in December. Bitwise’s first ad, endorsing Bitcoin ETFs, was released on December 18. It starred actor Jonathan Goldsmith, famous for his “Most Interesting Man in the World” role.

Hashdex then released its ad on December 20, showcasing a dump truck and captions highlighting crypto’s distinctiveness from traditional assets.

On the same day as Hashdex’s dump truck ad, Bitwise released another ad where Goldsmith said, “Thought you would like to know, Satoshi sends his regards,” portraying a character to promote Bitcoin. The fourth one is the newly released Hashdex ad.

Initially, social media responses favored Bitwise’s ad campaign, indicating increased confidence in a financial product awaiting regulatory approval.

“This is a great ad. Every Boomer remembers feeling exactly this way about computers/internet,”

Eric Balchunas, Bloomberg ETF analyst.

Another user, progenius.eth, commented, “Easily the best ETF ad so far. The simplicity is just on point. Post-approval video next.”

Chris Glendening, Hashdex’s marketing head, highlighted the importance of assisting investors in understanding the unique qualities of various issuers amid the current Bitcoin market hype.

“We believe investors will gravitate towards thematic asset management experience with a sole focus on digital assets and bitcoin, with extensive experience running bitcoin ETFs in several markets,” Glendening said.

Optimism surges on Bitcoin ETF approval

Optimism for Bitcoin ETF approval has risen lately due to BlackRock joining in June and Grayscale Investments winning a court battle against the SEC in August.

Balchunas’ Bloomberg analyst colleague, James Seyffart, maintains a firm stance. According to him, there is a 90 percent chance that the regulator will approve these funds on January 10, 2024.

“Since it feels like everyone is asking. Events of the last few days haven’t changed my & @EricBalchunas’ odds. We can’t go any higher than 90% by Jan 10th. That said, things are continuing to move forward in our view,” said Seyffart.

The commission has yet to indicate approval for any spot crypto exchange-traded product but set a December 29 deadline for several firms to update their applications before potential approval.

Franklin Templeton updated its ETF Form S-1 on November 28. Balchunas backed simultaneous ETF launches but pointed out potential fairness issues if Franklin launches its ETF on the same day as others despite submitting later.

Currently, 12 spot Bitcoin ETFs are awaiting SEC approval, with most decisions due in March. ARK Invest’s bid needs SEC approval or denial by January 10, 2024.

Top Online Casinos
Top Casinos Bonuses
Stake.us
Stake.us
Stake.us Review
4.6/5
McLuck
McLuck
McLuck Review
4.6/5
High5Casino
High5Casino
High5Casino Review
4.5/5
Sweeptastic
Sweeptastic
Sweeptastic Review
4.5/5
Wow Vegas
Wow Vegas
Wow Vegas Review
4.5/5
Stake.us
Stake.us Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
T&Cs apply
4.6/5
McLuck
McLuck Bonus
7.500 Gold Coins + 2,5 Sweepstakes Coins
T&Cs apply
4.6/5
High5Casino
High5Casino Bonus
5 Sweeps Coins + 250 Game Coins + 600 Diamonds
T&Cs apply
4.5/5
Sweeptastic
Sweeptastic Bonus
Get 70,000 Lucky Coins and 44 Sweeps Coins
T&Cs apply
4.5/5
Wow Vegas
Wow Vegas Bonus
1.75M WOW Coins + 35 Free Sweepstake Coins
T&Cs apply
4.5/5
Latest News
Charles Hoskinson forecasts Altcoin season showdown: ADA vs. DOGE
Cardano (ADA) Faces Dual Meme Coin Competition where ...
Top 5 AI cryptocurrencies ready to thrive during the next bull market
New crypto ventures merge the groundbreaking capabilities of ...
Top Crypto Exchange Sites
Crypto Exchange Guide
  • Crypto Exchanges
  • Betting Exchange
Top Brands
Top Bonuses
Stake.us
Stake.us
Stake.us Review
4.6/5
McLuck
McLuck
McLuck Review
4.6/5
High5Casino
High5Casino
High5Casino Review
4.5/5
Sweeptastic
Sweeptastic
Sweeptastic Review
4.5/5
Wow Vegas
Wow Vegas
Wow Vegas Review
4.5/5
Stake.us
Stake.us Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
T&Cs apply
4.6/5
McLuck
McLuck Bonus
7.500 Gold Coins + 2,5 Sweepstakes Coins
T&Cs apply
4.6/5
High5Casino
High5Casino Bonus
5 Sweeps Coins + 250 Game Coins + 600 Diamonds
T&Cs apply
4.5/5
Sweeptastic
Sweeptastic Bonus
Get 70,000 Lucky Coins and 44 Sweeps Coins
T&Cs apply
4.5/5
Wow Vegas
Wow Vegas Bonus
1.75M WOW Coins + 35 Free Sweepstake Coins
T&Cs apply
4.5/5

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

21+NCPGCloudflareSSLco² neutral
Close
Players accepted in the US US Flag
Stake.us Exclusive Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Promo Code
Go to Stake.us
Visit Site
T&Cs apply, 18+
Payment Methods
Bitcoin
Litecoin
Ethereum
Dogecoin
Highlights
  • Exclusive promo code: CRYPTGAMBL
  • Play Stake Originals games for free
  • Get free Stake Cash daily just by logging in
Stake Originals
Dice
Crash
Plinko
Mines
×
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site