Search engine giant Google announced at the end of last year that it would allow advertisements for cryptocurrency trusts starting from January 2024. At that time, Bitcoin ETF had not yet been approved, but it has now been approved in January. The cryptocurrency community is also eagerly anticipating the positive impact of Google’s massive search capabilities on Bitcoin.
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Google Policy Update: Allows advertisement for US cryptocurrency trusts, gambling and DeFi platform ads still prohibited
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Is Google’s new policy related to Bitcoin ETF approval?
Cryptocurrency community feels optimistic
Is Google’s new policy related to Bitcoin ETF approval?
Although the term “cryptocurrency coin trusts” may seem vague, it still seems to align with the updated advertising policy requirements of Google and Bitcoin spot ETF, referring to the product that allows investors to trade shares of large-scale digital currency trust funds.
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Google Advertising Policy Update (US)
Cryptocurrency community feels optimistic
Bitcoin supporter @TheBTCTherapist pointed out:
Google’s search engine processes 100,000 searches per second, and starting from January 29th, it will allow Bitcoin ETF advertisements, giving Bitcoin an unprecedented exposure opportunity in front of institutions and retail investors.
According to the latest data from DemandSage, Google processes up to 8.55 billion searches per day.
Google
Cryptocurrency coin trusts
Advertising policy
Bitcoin spot ETF
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